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The Guardian - AU
The Guardian - AU
National
Paul Karp

Labor meets Greens demand for ban on reconstruction fund investment in coal, gas and native logging

Adam Bandt and industry spokesperson Penny Allman-Payne
Australian Greens leader Adam Bandt and industry spokesperson Penny Allman-Payne. A deal with Labor has secured passage of the national reconstruction fund bill through the lower house. Photograph: Russell Freeman/AAP

The Albanese government has agreed to the Greens’ demands to ban the national reconstruction fund from direct investment in coal, gas and native logging projects.

The deal secured the passage of the NRF bill through the lower house on Thursday and gives Labor a likely pathway to pass it in the Senate with the support of the Greens and crossbench in late March.

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