Bioenergy Australia welcomes new federal $1.18B funding for ARENA

In Australia, Bioenergy Australia welcomes the Federal Government announcement for investment in new and emerging technologies, including A$1.62 billion (US$1.18 billion) for the Australian Renewable Energy Agency (ARENA), and the expansion focus of ARENA and the Clean Energy Finance Corporation (CEFC) to back new technologies that will cut emissions in agriculture, manufacturing, industry and transport. Bioenergy Australia’s CEO said the Federal Government’s commitment to a new A$74.5 million Future Fuels Fund, which includes hydrogen, electric, and bio-fueled vehicles, is hugely positive to see.