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Statement in response to the 2021-22 Federal Budget
There is no change to appropriation funding for CSIRO, following the Government’s additional funding commitment in October’s budget of $459 million over four years, to address any reduction to CSIRO’s external revenue resulting from the impact of COVID-19.
There are, however, a number of new initiatives that CSIRO will be central to:
A Digital Economy Strategy investment of $1.2 billion covering a range of measures including:
An investment of $53.8 million over four years to create the National Artificial Intelligence Centre that will drive business adoption of AI technologies by coordinating Australia’s AI expertise and capabilities. CSIRO will be managing the Centre.
Date Time
QRC welcomes tech-driven approach to reducing emissions
The Queensland Resources Council (QRC) has welcomed the Federal Government’s technology-driven approach to reducing emissions announced in last night’s budget, saying it will drive new investment into this crucial area for resources.
$1.2 billion has been allocated towards establishing international partnerships on low-emissions technology projects and to support hydrogen and carbon capture use and storage initiatives.
A further $1.6 billion over 10 years will encourage investment in technologies (identified in its Technology Investment Roadmap and Low Emissions Technology Statements), grow new export industries, create jobs and reduce emissions
QRC Chief Executive Ian Macfarlane said the resources sector is committed to meeting the challenges of climate change and reducing emissions.
11 May 2021
The Morrison government has delivered another federal budget that offers little support for Australia’s rapidly emerging clean energy sector, choosing instead to double down on its ‘gas fired’ agenda and pay major emitters to reduce their emissions.
It’s another budget from the Coalition that will channel further public funds to the fossil fuel sector, particularly helping to grow the gas industry while letting major emitters off the hook, while almost entirely ignoring burgeoning wind, solar and storage technologies and entirely ignores electric vehicles.
The government’s second post-Covid budget can largely be characterised as more taxpayer support for the fossil industry, as well as allocating more money for preparing for the symptoms of climate change.
The Australian Academy of Science says the 2021-22 Federal Budget contains mixed news for science.
Academy President Professor John Shine says it is important for Australia’s future to ensure we have strong investment in basic research to be able to translate discoveries.
The Budget contains no significant new funding for fundamental discovery science and no initiatives to stem the loss of university science jobs.
“The Academy welcomes the commitment to develop an Australian mRNA manufacturing capability to fight COVID-19, the flu and future pandemics,” Professor Shine says.
The Academy is pleased the Government has heeded our advice to future-proof Australia with the development of such a capability.