The Victorian government will establish six clean energy zones, allocate $321.7 million to recycling and waste management, and provide $31.2 million to large energy users, according to today's state Budget.
The company behind the 1,000 kilometre-long, $1.5 billion proposed CopperString transmission line today announced it has signed an implementation agreement with the Queensland government.
The $1.5 billion CopperString 2.0 transmission line, the Vales Point coal power station, and companies shortlisted for fast-track EPBC assessments are among tonight's Budget winners.
Oliver Yates, the inaugural chief executive of the Clean Energy Finance Corporation, says the government has made incorrect claims about the CEFC's existing powers, and has accused it of deception.
The federal government is targeting price reductions that would make CCS almost cost-neutral if it could earn carbon credits, allow green steel and aluminium to be produced with no price premium, and slash soil carbon costs by 90%.