Clean Technology Programs
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The Australian Government's Clean Energy Future plan announced in July 2011 provides transitional assistance for businesses and industry including through the $8.6 billion Jobs and Competitiveness Program, the $1.2 billion Clean Technology Program, the $300 million Steel Transformation Plan and the $1.3 billion Coal Sector Jobs Package.
The $1.2 billion Clean Technology Program provides incentives for business to reduce emissions and invest in clean energy through the following three components.
Clean Technology Investment Program
The Clean Technology Investment Program (the Program) is an $800 million competitive, merit-based grants program to support Australian manufacturers to maintain competitiveness in a carbon constrained economy.
Clean Technology Food and Foundries Investment Program
The Clean Technology Food and Foundries Investment Program (the Program) is a $200 million competitive, merit-based grants program to support Australian food and foundry manufacturers to maintain competitiveness in a carbon constrained economy.
Clean Technology Innovation Program
The Clean Technology Innovation program will support the research, development and commercialisation of clean technology products, processes and services. It will fund the development of a range of clean technologies including low emission and other energy efficient technologies.