Historic $369 Billion for Climate Action Passes US Senate in Huge Victory for Democrats

After a marathon session and months of deal making and debate, the United States Senate passed the historic ‘Inflation Reduction Act’ – a sprawling bill aimed to bring down costs of medicines and energy – including a huge $369bn for climate change initiatives. This is the largest such direct investment […]

US Infrastructure Bill Passes: $110 Billion in Key Green Infrastructure Investments

The US Congress has passed the much anticipated infrastructure bill after months of political wrangling in Washington DC. The details of the bill our now being dissected, with significant investments in physical infrastructure, including green tech. Over US$110 billion will go to climate change focused infrastructure spending. According the sources, […]

Has Andrew Forrest’s Fortescue Cracked the Green Steel Challenge?

Australian mining magnate Andrew Forrest, who amassed a fortune from iron ore mining in Western Australia, is the focus of a long-form piece in the New York Times this weekend. The Times Australian correspondent Damien Cave followed Forrest across Western Australia for the article titled ‘Can a Carbon-Emitting Iron Ore […]

$3 Billion Green Hydrogen Play for Australia’s Biggest State

The government of New South Wales, Australia’s most populated State, will fund A$3 billion ($US2.3B) in green hydrogen grants. The State is looking to attract between A$80 and A$50 billion in hydrogen development infrastructure as it accelerates its shift to zero emissions. The announcement was made with FFI Chairman Andrew […]