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The Guardian - AU
The Guardian - AU
Environment
Paul Karp Chief political correspondent

Investors and unions press Labor to invest $100bn to compete in global green economy

Labor Economy Chris Bowen Climate Energy Finance Australia United States Australian Conservation Foundation Rewiring Australia the Australian Council of Trade Unions the Smart Energy Council
Royalla solar farm, near Canberra
Royalla solar farm, near Canberra. The push for more funding is endorsed by groups including the Australian Council of Trade Unions, Australian Conservation Foundation, Climate Energy Finance, Rewiring Australia and the Smart Energy Council. Photograph: Lukas Coch/AAP

The Albanese government is being pushed to provide an extra $100bn over 10 years to boost jobs and reduce emissions including through investments in clean industries and manufacturing of renewable energy components.

At the Australian Renewables Industry summit in Canberra on Monday unions, the renewable energy sector, community and investor groups will call for the package to respond to massive investment overseas including the US’s Inflation Reduction Act (IRA).

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