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.
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Technology Investment Roadmap
Sectors: Energy, Industry, LULUCF, Transport
Examples:
Resilient infrastructure, Fossil fuel divestment, Net zero growth plan, Sustainable fishing
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Low Emissions Technology Statement 2021
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Technology Investment Roadmap
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Low Emissions Technology Statement 2020
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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.