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Technology Investment Roadmap

Geography
Year
2020
Document Type
Policy

Summary

This document presents Australia's strategy to accelerate development and commercialisation of low emissions technologies. By focusing on government investment, it aims to make low-carbon technologies' cost "about the same as" existing high emission technologies. The government announced $1.9 billion in funding alongside LETS 2020. Since the release of LETS 2020, the government has announced a further $1.7 billion in funding to support LETS 2021 initiatives and the roadmap.

The yearly LETS statement announces funding directed to each technology, such as hydrogen, aluminium, CCS and livestock supplements.

Documents

About this policy

Year
2020
Most recent update
02/11/2021
Response areas
Mitigation
Sectors
Energy, Industry, LULUCF, Transport

Note

CCLW national policies

The summary of this document was written by researchers at the Grantham Research Institute . If you want to use this summary, please check terms of use for citation and licensing of third party data.