The Western Australian government has announced a $3 billion investment towards transitioning to a cleaner and more sustainable energy future.
The investment is part of the government’s commitment to achieving net-zero emissions by 2050 and will fund a range of initiatives aimed at reducing greenhouse gas emissions and supporting the development of renewable energy sources. The investment will be spread over a ten-year period and will support projects across various sectors, including transport, energy, and industry.
Some of the key initiatives that will be supported by the investment include the development of hydrogen infrastructure, the expansion of electric vehicle charging networks, and the implementation of energy-efficient technologies in buildings and public infrastructure. The investment will also support research and development into new and emerging clean energy technologies and support the growth of the renewable energy industry in WA.
Premier McGowan stated that the investment would create jobs, stimulate economic growth, and help to protect the environment for future generations. He also highlighted the importance of taking action to address climate change and reduce the state’s greenhouse gas emissions.
The government plans to work closely with industry, research institutions, and the community to deliver the initiatives outlined in the investment plan. The plan is expected to be implemented in stages over the next decade, with progress being regularly monitored and evaluated to ensure that the investment delivers on its goals.
The announcement has been welcomed by environmental groups and industry bodies, who have praised the government’s commitment to a cleaner energy future and the economic opportunities that the investment will bring. The investment is expected to position WA as a leader in the transition to a low-carbon economy and help to create a more sustainable future for the state.