The proposal consist of 3 components, each starting from 1 July 2022.

Component 1 – Public Grid Investment

The proposal consist of 3 components, each starting from 1 July 2022.

Component 1 – Public Grid Investment

Component 1: Establish Green Metals Australia

Invest an initial $700 million in funding in 2022-23, followed by additional funding of $350 million per year from 2023-24 in Green Metals Australia, a new agency which would be responsible for developing a zero carbon Australian metal sector. This investment would be in the form of loans, equity, grants or direct investment.

Component 2: Establish Green Hydrogen Australia

Component 1: Establish Green Metals Australia

Invest an initial $700 million in funding in 2022-23, followed by additional funding of $350 million per year from 2023-24 in Green Metals Australia, a new agency which would be responsible for developing a zero carbon Australian metal sector. This investment would be in the form of loans, equity, grants or direct investment.

Component 2: Establish Green Hydrogen Australia

Component 1: Establish Green Metals Australia

Invest an initial $700 million in funding in 2022-23, followed by additional funding of $350 million per year from 2023-24 in Green Metals Australia, a new agency which would be responsible for developing a zero carbon Australian metal sector. This investment would be in the form of loans, equity, grants or direct investment.

Component 2: Establish Green Hydrogen Australia

Component 1: Establish Green Metals Australia

Invest an initial $700 million in funding in 2022-23, followed by additional funding of $350 million per year from 2023-24 in Green Metals Australia, a new agency which would be responsible for developing a zero carbon Australian metal sector. This investment would be in the form of loans, equity, grants or direct investment.

Component 2: Establish Green Hydrogen Australia

Component 1: Establish Green Metals Australia

Invest an initial $700 million in funding in 2022-23, followed by additional funding of $350 million per year from 2023-24 in Green Metals Australia, a new agency which would be responsible for developing a zero carbon Australian metal sector. This investment would be in the form of loans, equity, grants or direct investment.

Component 2: Establish Green Hydrogen Australia

Component 1: Establish Green Metals Australia

Invest an initial $700 million in funding in 2022-23, followed by additional funding of $350 million per year from 2023-24 in Green Metals Australia, a new agency which would be responsible for developing a zero carbon Australian metal sector. This investment would be in the form of loans, equity, grants or direct investment.

Component 2: Establish Green Hydrogen Australia

The proposal includes 7 components that aim to encourage the uptake of electric vehicles (EVs), including light passenger battery electric vehicles, plug-in hybrid electric vehicles, and fuel cell vehicles.

The proposal includes 7 components that aim to encourage the uptake of electric vehicles (EVs), including light passenger battery electric vehicles, plug-in hybrid electric vehicles, and fuel cell vehicles.