Policy Update – New South Wales, South Australia, Tasmania and Victoria

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Read on for an overview of new policies and programs that support businesses with managing their energy costs from the states:

  • New South Wales

  • South Australia

  • Tasmania

  • Victoria

 


NEW SOUTH WALES

 

NSW NET ZERO PLAN STAGE 1

The NSW Government’s Net Zero Industry and Innovation Program support and partners with business and industry to reduce emissions. Opportunities for businesses in the Clean Technology Innovation focus area are expected to be announced in the second half of 2021, such as a Grant for Commercialisation and Pilots.

 


SOUTH AUSTRALIA

ENERGY AND EMISSIONS REDUCTION AGREEMENT

The Australian Federal Government and South Australian Government have signed a $1 billion State Energy and Emissions Reduction Deal. The two governments have said this big commitment has two goals: delivering affordable and reliable power and investing in key emissions reductions projects. Funding will be directed to priority areas, including $400 million for projects focused on carbon capture and storage, electric vehicles and hydrogen in South Australia.

 


TASMANIA

FURTHER CLIMATE ACTION

The Tasmanian Government was re-elected in May, which means they’ll be implementing a range of new measures to support the state’s transition to net zero. These include a handful of initiatives that businesses can access:

  • $30 million over 2 years to re-launch a Tasmanian Energy Efficiency Loans Scheme program for small businesses;

  • A two-year stamp duty waiver for the purchase of new and second-hand electric vehicles;

  • $600,000 in grants to grow Tasmania’s electric vehicle charging network in our regions and at key tourism destinations;

  • Waiving registration for electric vehicles purchased by car rental companies and coach operators for two years; and

  • $1.5 million to tourism businesses to deliver carbon and sustainability audits.

 


 

VICTORIA

CLIMATE CHANGE STRATEGY

The Victorian Government released its new Climate Change Strategy that includes an aim to reduce emissions by 28-33 per cent by 2025 and 45-50 per cent by 2030. Of note to businesses, the Government has prepared sector pledges to meet this target:

  • Energy: 15,000 small businesses will receive rebates for solar panels;

  • Agriculture: farmers will be supported with guidance and funding to realise emissions reduction opportunities on-farm; measures include $10 million for a pilot program to develop and implement 250 on-farm action plans with subsequent grants of up to $5 million for farmers to reduce their emissions;

  • Industrial processes: actions to support industry with improved management of large refrigeration and air conditioning systems, and the handling and disposal of refrigerant gases; and

  • Transport: $100 million in new measures to encourage the uptake of zero-emission vehicles.

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