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AAP
AAP
Business
Marion Rae

Fed agency can invest 'beyond renewables'

New rules allow ARENA to invest beyond renewables despite the Senate disallowing previous attempts. (AAP)

The Australian Renewable Energy Agency can invest "beyond pure renewables" under new regulations made on the eve of a federal election.

Equivalent regulations have been disallowed multiple times by parliament's upper house, stopping the Morrison government's previous attempts to direct the agency to bankroll new uses for fossil fuels.

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