Australia Pledges $3.5 Billion for Solar, Carbon Capture Storage

Australia has earmarked A$4.5bn ($3.5bn) in its new budget to help the country become a global leader in solar-power and carbon capture and storage (CCS) technologies. Some A$1.5bn of the ‘Clean Energy Initiative’ is new money, with the rest being redirected from existing programmes.The largest slice of the money is A$1.35bn for a ‘Solar Flagships’ [...]