The Inflation Reduction Act (Uncle IRA) in the USA is "a vast investment multiplier" for the renewables industry and Australia will be left behind if we don't adopt a similar scheme. Australian Treasury is considering a response to the IRA that would include tax benefits for renewables and energy transition projects. But we need it now - according Dr (Twiggy) Andrew Forrest.He is advocating: 1. Carbon emissions and global warming automatically be part of  environmental assessments, 2. favourable status be given for renewable solutions and 3. a Carbon Solutions Levy to be applied.All good measures...

Soft plastics recycling returned to 12 Melbourne suburbs in February this year (2024) as part of a trial to rebuild a national soft plastics recycling system It involves 5 Woolworths, 5 Coles and 2 Aldi Supermarkets in Victoria. Much like the original (failed) REDcycle scheme, the new trial has identified potential end markets for used soft plastic - an additive for asphalt roads, a replacement for aggregate in concrete, or a material for making shopping trolleys and baskets. However, to be successful, the scheme must be cost-effective and suitably located, with established markets for the recycled products.https://wastemanagementreview.com.au/soft-plastics-recycling-trial-starts-in-12-melbourne-suburbs/  

Professor Ross Garnaut and Rod Sims have launched a new think tank, the Superpower Institute. It will pursue Garnaut’s visi