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Federal election 2022: Scott Morrison to announce $50 million green energy pitch

Article Republished By Javier Troconis

Camera IconIn his speech the Liberal Leader will champion Coalition’s economic plan in “supercharging Australia’s research and development” in a hope it will spur a new wave of technology and innovation. Credit: News Corp Australia

Prime Minister Scott Morrison will on Wednesday pledge to inject $50 million into research of green industries and create 1600 jobs if re-elected.

The pledge would help create a new partnership with the University of New South Wales and University of Newcastle, alongside 27 industry partners, to accelerate technology development in the sector while creating jobs.

Technology solutions in solar, hydrogen, storage and green metals will be the focal point of the new partnership.

The funding will be delivered through the same scheme Mr Morrison spruiked during his first Perth trip of the election, where he announced $200m for four new hydrogen hubs and $50m to create more critical mineral supply chain jobs.

In his speech the Liberal Leader will champion Coalition’s economic plan in “supercharging Australia’s research and development” in a hope it will spur a new wave of technology and innovation.

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Mr Morrison is expected to again be joined by Fadden MP and Employment Minister Stuart Robert after the pair visited the Western Sydney Jobs Fair together on Tuesday to discuss their $5m commitment to a new “technology skills passport”.

The 1600 jobs pledge is expected to be a boon for NSW’s Hunter region with the universities and their industry collaborators expected to promised more than $220 million in co-investment — about a four to one match of public funding.

The election pitch will likely be touted as another focus by the Coalition to “build a strong economy”, messaging Mr Morrison has used to anchor his campaign and trump his political opponent on.

The partnership reveal on Wednesday is the third under the $362m scheme — dubbed the “Trailblazer Universities program” — with further announcements expected in coming weeks.

The universities were selected after a two-stage competitive assessment process where they were required to submit expressions and interest and then more detailed business cases.

Trailblazer Universities program falls under the government’s $2.2 billion University Research Commercialisation Action Plan.

Green industries has also been a focus of Opposition Leader Anthony Albanese’s campaign pledges.

Under a Labor government, Mr Albanese has promised to create a $15 billion National Reconstruction Fund to direct investment into new, job-creating ventures, particularly in manufacturing.

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