SYDNEY, Thursday 20 February 2025 – Greenpeace Australia Pacific has welcomed the Albanese government’s announcement of a new Green Iron Fund in Whyalla today, a move it says will support workers as well as national efforts to tackle climate pollution.
Prime Minister Anthony Albanese announced a $1 billion Green Iron Fund in Whyalla, SA today to, “boost green iron manufacturing and supply chains by supporting early mover green iron projects and unlocking private investment at scale.”
Geoff Bice, WA Campaign Lead at Greenpeace Australia Pacific said: “Greenpeace applauds the Albanese government’s significant investment into a green iron industry in Australia.
“Green iron presents enormous economic opportunities for Australia, and in particular states like Western Australia with its skilled industrial workforce, export infrastructure, and abundant clean wind and solar energy.
“As our export partners move to rapidly decarbonise their supply chains, now is the time for the government to invest in the future of local workers and businesses by supporting green industry and technology. Today’s announcement sends a strong signal globally that Australia is serious about future-proofing our industries and economy, and serious in its commitments to reduce climate pollution.
“The clean energy transition is well underway and there’s no going back — by investing in green jobs and industry now, and ramping up the rollout of renewable energy backed by storage, we can build a world-leading green economy, protect our precious nature, and support global efforts to address the climate crisis.
“This is just the beginning — we urge state governments, particularly the WA Government, to follow suit and lay the foundations for the green economy of the future, to ensure our workers and industries don’t get left behind, and to support a safe, liveable planet for all.”
—ENDS—
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