The Australian Greens are expected to announce new policy that would spend $265 million on helping Australian communities to
set up their own clean energy projects, including solar.
The policy, to be released in full on Saturday, is believed
to propose tax-free earnings for households and businesses that invest in
community-owned renewable energy projects, and the development of a Community
Energy Powerhouses Start-Up Fund.
Not unlike federal Labor’s Community Renewable Hubs plan,
but with a bigger budget, the proposed Greens $150 million start-up fund would
set up 50 Community Energy powerhouses, with up to two years of operational
funding.
