IRA is the economic engine Australia needs: Forrest

The Albanese government should consider a tax credit scheme that apes the US Inflation Reduction Act to drive investment in developing renewables to accelerate the energy transition, Fortescue chair Andrew ‘Twiggy’ Forrest said on Monday. The $600 billion Inflation Reduction Act (IRA) was driving investment into the US at a rate not see in decades,…

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