Backing home-grown clean energy in today’s Budget could kick-start a multi-billion dollar bonanza for New Zealand’s economy, creating tens of thousands of jobs.
Investing just $500million in clean energy innovation could see the country’s coffers topped up with billions of dollars over the next few years.
A successful Budget will see the announcement of three clean energy innovation platforms:
A Green Investment Bank to invest in clean energy, energy efficiency and sustainable transport fuels. This would seek to co-finance clean energy projects with the private sector, working with the market to build industry capacity.
A Clean Energy Innovation Agency to provide government support for research and development, demonstration, commercialisation and deployment of clean energy. This would ... Read more >