Budget 2024: Billions Poured into Making Australia a ‘Renewable Energy Superpower’

A range of green energy initiatives will be funded followed the release of the official budget by Australian Treasurer Jim Chalmers.

Solar panels on a roof in Albany, Western Australia, on Jan. 22, 2024. Susan Mortimer/The Epoch Times

Several green initiatives are set to receive funding following the handing down of the 2024 Australian budget.

Budget documents herald Australia’s future as a “renewable energy superpower,” with $65 million to be dedicated through the Capacity Investment Scheme by 2030.