Breaking News Today

NSW TO DRIVE CLEAN INDUSTRIAL REVOLUTION

Published: (Updated: ) in Australian News by .

NSW is set to become a world leader in low emission industries thanks to an unparalleled $750 million NSW Government program. Energy Minister Matt Kean said the Net Zero Industry and Innovation Program is about co-investing with industry to reduce our carbon emissions and develop low emissions technologies for the future. “NSW was one of the first … Continue reading “NSW TO DRIVE CLEAN INDUSTRIAL REVOLUTION”

NSW is set to become a world leader in low emission industries thanks to an unparalleled $750 million NSW Government program.

Energy Minister Matt Kean said the Net Zero Industry and Innovation Program is about co-investing with industry to reduce our carbon emissions and develop low emissions technologies for the future.

“NSW was one of the first jurisdictions in the world to set a net zero objective, but we must get there in a way that grows the economy, makes our businesses and industry more competitive and puts us ahead of the pack in the low carbon global economy,” Mr Kean said.

“This $750 million program will support the development of new clean technologies, create world-leading centres of research and development and help existing industries future-proof their operations.”
Funding will focus on three key areas:

“Almost 30 per cent of our State’s carbon emissions are created by our top 55 industrial facilities, which are critical contributors to the NSW economy,” Mr Kean said.

“Supporting their move to cleaner equipment, technology and processes will significantly reduce emissions, while helping to protect jobs and maintain a resilient economy.

“Our landmark Electricity Infrastructure Roadmap will give NSW some of the cheapest, cleanest most reliable energy in the world.

READ:  'This was my house': Residents confront devastation of Perth fire

“This program will build on that to help create the jobs of the future and drive a clean industrial revolution.”

The program is a cornerstone element of the NSW Government’s Net Zero Plan Stage 1: 2020-2030 and leverages existing NSW Government initiatives including Renewable Energy Zones, and Special Activation Precincts.

Expressions of interest for the program will open in April, with businesses and industry encouraged to jump online and register. For more information visit www.energysaver.com.au/netzeroindustry

Source: 16 News http://www.16news.com.au/index.php/2021/03/08/nsw-to-drive-clean-industrial-revolution/

Shares
Share This
Finance Advice 2021