The Candian government has delivered a massive boost to green investment and subsidies with a $C80 billion investment. The investment includes massive tax credits for clean technology over the next decade, including C$25 billion for investments in clean electricity. The plan is being compared to the US Inflation Reduction Act […]
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US companies incentivised to buy up Australian lithium and other battery minerals mines – MinRes
Lithium and iron ore mining magnate Chris Ellison is urging the Australian government to do more for the battery metals industry, suggesting US companies are being incentivised by the US government to buy up local lithium and battery metals mines in Aus. The Financial Review reports Mr Ellison, Chairman of […]
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Silicon Valley Bank Collapse Hurts Climate Startups
The sudden collapse of Californian bank SVB had imperilled dozens of startups crucial to combatting climate change. The New York Times reports some 1,500 startups focused on green energy, battery storage and other green tech were impacted by the banking crisis. The US Federal Treasury moved Sunday to head off […]
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Renewable Energy Boom: Australia Investors Record Levels
Record levels of renewable energy investment is underway in Australia, as government and other major institutions place billions in new commitments. The Guardian reported this week financial commitments to renewables and storage totaled A$4.29bn in the December quarter, a 10-fold increase on the previous three months. “Australia is deploying new […]
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India Discovers Huge Lithium Deposits
India has discovered significant new lithium deposits, placing the nation at the forefront of the battery metals boom, the government there said. The announcement this week of nearly 6 million tonnes of lithium deposits, discovered in Jammu and Kashmir states, sparked strong media interest. The find was announced by the […]
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Cement Industry Commits to Net Zero
The global cement industry is responsible for about 8% of global emissions and that’s a big problem. While the world needs cement to grow economies, the industry is a key part of the net zero future. Now the cement industry has ledged to cut their greenhouse gas emissions by up […]
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Green Hydrogen electrolyser factory for Australia
Australia will invest in a electrolyser factory to help power the expected boom in green hydrogen demand for the future. Queensland will host the electrolyser factory – a JV between Australia’s Fortescue Future Industries and US manufacturer Plug Power. The plant would be Plug Power’s third renewables gigafactory. The factory […]