Tasmania Launches Renewable Energy Approvals Pathway
Tasmania Launches Renewable Energy Approvals Pathway

Tasmania Launches Renewable Energy Approvals Pathway

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The Tasmanian Government has launched the Renewable Energy Approvals Pathway (REAP) to streamline major renewable energy projects, with an initial investment of $10 million aimed at improving processes and resources for project facilitation. Meanwhile, energy prices are stabilizing but taxes are increasing, creating opportunities for sustainable innovations such as waste combustion systems, which can save greenhouse growers significant costs. In the U.S., clean energy jobs are surging, with 142,000 new jobs added in 2023, significantly outpacing overall job growth, bolstered by legislation like the Bipartisan Infrastructure Law and the Inflation Reduction Act. Experts at a recent panel highlighted the global momentum in clean energy investments, expected to reach $2 trillion by 2024, and the role of the Inflation Reduction Act in job creation. Illinois is also benefiting from federal clean energy funding, with significant investments leading to the creation of over 2,700 jobs statewide through projects like NanoGraf's new battery material facility. As public support for climate action remains strong, these initiatives reflect a broader commitment to a sustainable energy future.

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