Mining and manufacturing companies are set to receive tax breaks under Labor’s decarbonisation policy, as tax incentives for renewable hydrogen production and critical minerals processing have passed the Senate with Greens’ amendments. The bill, part of Labor’s $22.7 billion Future Made in Australia manufacturing policy, aims to support clean energy projects and create jobs for the decarbonisation transition. The government’s deal with the Greens has led to accusations of a “dirty deal” by the Coalition, who opposed the legislation.
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