The Federal Government has announced a $100 million (US$78 million) investment package for the improvement of Australia’s ocean habitats and coastal environments. The investment will target ecosystems containing seagrass and mangroves, which absorb and store carbon dioxide, also known as “blue carbon.” The push to alleviate atmospheric carbon dioxide levels comes as part of Australia’s…
Australia Announces $100 Million Towards ‘Blue Carbon’ Ocean Ecosystems
April 26, 2021
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$540 Million Towards Hydrogen and Carbon Capture Is ‘Essential for Australia’s Future’: Australian PM
April 22, 2021
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The Australian government has announced it will allocate around $540 million (US$420 million) towards hydrogen and carbon capture projects. As part of the budget for the next fiscal year, the investment will see the development of clean energy technologies that reduce carbon emissions. It is estimated to create around 2,500 jobs for Australia. “It is…
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