News Formal

$215bn industry could create 53k jobs

  • 📰 newscomauHQ
  • ⏱ Reading Time:
  • 35 sec. here
  • 39 min. at publisher
  • 📊 Quality Score:
  • News: 146%
  • Publisher: 77%

Newswire-News News

Funding Commitments,Clean-Tech Hubs,Electric Vehicle Transition

Building clean-tech manufacturing in Australia could create of up to $215bn in revenue and 53,000 new jobs by 2035, according to a new report by an independent think tank.

The untapped value of an up-and-coming industry that could create thousands of jobs has been revealed in a new report.

BZE chief executive Heidi Lee said Australia already had the skills and key technologies needed to create a zero emissions economy, we just needed to use them. The Albanese government has already made major funding commitments to clean-tech hubs in NSW and Queensland. Picture: NCA NewsWire / Damian Shaw

To do this, Australia will need a dramatic scale-up of the nation’s manufacturing capabilities to help build clean technologies.The report suggests Australia has a once-in-a-generation opportunity to re-industrialise the nation and create jobs by incentivising more value-added onshore processing of mined resources and diversifying the supply chain in each key clean technology.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 9. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Perth builder Collier Homes collapses amid Australia-wide pressure on home building industryOne of Perth's best-known residential building companies has been placed into administration, with one lobby group expecting more will follow suit.
Source: abcnews - 🏆 5. / 83 Read more »