Federal government to provide funds for carbon reduction, marine research and conservation
Australia’s federal budget in May is to include just over a billion dollars for research into carbon-reducing technology and other climate-related projects, and A$100 million for research and conservation in marine environments, the government has announced.
Of the carbon reduction R&D money, A$275m will help develop four additional hydrogen technology hubs, while A$263m will be spent on carbon capture and use projects. Australia already has 13 hydrogen research hubs around the country.
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