$350 million push for low-emissions economy launched

A $350 million initiative to lead the energy grid away from fossil fuel, promote renewable energy and cut carbon emissions, including a new electric vehicle strategy, is being launched by the Morrison government.

Rooftop solar continues to grow and is forecast to
 generate 25 per cent of energy consumed by 2040.
 But new policies, infrastructure and power metering are needed.

While the government plans to fund a $4 million investigation of the economic case for a new coal-fired power station in north Queensland, and Coalition MPs push for nuclear power, Industry, Science and Technology Minister Karen Andrews announced on Sunday $68.5 million to create the Reliable Affordable Clean Energy for 2030 Co-operative Research Centre (RACE for 2030).

Read the story from The Age by Mike Foley - “$350 million push for low-emissions economy launched.”