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Manufacturing the Energy Revolution Australia’s Position in the Global Race for Sustainable Manufacturing

Sources:

The Australia Institute

Date:

1 August 2023

Australia needs to respond quickly to powerful new incentives for sustainable manufacturing now on offer in the U.S. and several other industrial countries, or risk being cut out of lucrative new markets for manufactured products linked to renewable energy systems. This report reviews the new incentives for production of batteries, electric vehicles, renewable energy generation and transmission equipment, and other renewable energy products provided under the Biden Administration’s Inflation Reduction Act (IRA) and parallel public programs.