From Mumbai to Bondi
Economic cooperation between India and Australia may open doors for investment in clean energy technology but challenges still abound in a competitive global market. Vibhuti Garg and Shantanu Srivastava, of the Institute for Energy Economics and Financial Analysis (IEEFA), discuss the role that public funding and resource pooling could play in supporting manufacturing ambitions.
The recently announced Future Made in Australia Act sees the nation joining a steadily increasing list of countries that are committing public finance to domestic clean energy supply chains. Mirroring efforts in the United States, Europe, and India, the new industrial package includes subsidies and incentives to enhance domestic manufacturing and support key industries including …
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