To match its commitment to reach Net-Zero by 2050, the Australian government developed in 2022 the "Powering Australia Plan", aiming at:
- Decarbonising the industry, power and transport sectors
- Fostering the creation of new jobs
- Ensuring the energy security and affordability across the country.
October's 2022-23 federal budget included a AUD 45.8 million fund over 6 years to enact this plan.