A new report by Climate Energy Finance has revealed Australia’s diesel Fuel Tax Credit Scheme disincentivises growth in future industries and will cost taxpayers $37 billion (USD 23.8b) in lost tax revenue by 2030. The report also illustrates how capping these rebates represents a multifaceted advantage for Australian manufacturing of low and zero-emission mining vehicles.
NASA has released an image of “fairy circle” clusters in the North Perth Basin of Western Australia, noting the formations have been discovered to naturally seep hydrogen gas from their perimeters.
Western Australian company Australian Vanadium Limited (AVL) seems to be fairly delayed in realising its vanadium mine and processing plant vision in Western Australia. Nonetheless, the company has signed a new option agreement to purchase land for its processing plant near Geraldton.
Western Australia-based company Carnegie Clean Energy has won a $6.3 million (USD 4 million) contract to deliver and operate a ~400 kW version of its wave energy converter off the Spanish coast by 2025.
The board of Australian lithium developer Liontown Resources has backed a refreshed $6.6 billion (USD 4.3 billion) bid from US company Albemarle Corp., the world’s largest lithium producer. Since then, Liontown has seen a massive spike in trading, with speculation about it being linked to Australia’s richest person.
Western Australia has signed an agreement to bolster its relationship with Indonesia around critical minerals and clean energy manufacturing – with both regions among the world’s leading producers for particular minerals.
Western Australian solar window company ClearVue Technologies says it has confirmed the scalability and “commercial viability” of its second-generation integrated glazing units after a mass production run using a standard manufacturing line at a factory in China.
The Western Australia government has introduced new legislation to parliament as it seeks to integrate distributed energy resources such as small-scale solar and residential batteries more efficiently into the state’s electricity grid.
Australia’s federal government has allocated $3 billion (USD 1.93 billion) from its Rewiring the Nation program to upgrade Western Australia’s two islanded grids, which lag the eastern states in their renewable energy share.
Researchers at Edith Cowan University have redesigned zinc-air batteries to an extent where the team’s study found the technology to be preferable to lithium-ion batteries, even for electric vehicles.
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