Is Australia Losing the Race for a Clean Energy Breakthrough?

By [email protected] Despite a strong track record on renewables innovation, Australia may be running out of time to become a clean energy export powerhouse — and further funding for homegrown innovation is now in jeopardy.

The budget for the Australian Renewable Energy Agency (ARENA), Australia’s flagship energy innovation funding body, is set to run out this year, and the current administration has yet to confirm that more cash will be allocated.

Australia’s ruling Liberal Party has tried to do away with ARENA in the recent past. While the energy agency appears to enjoy broad cross-party support, it remains to be seen where the coal-friendly

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