{"id":56987,"date":"2022-10-28T10:46:54","date_gmt":"2022-10-28T00:16:54","guid":{"rendered":"https:\/\/www.aumanufacturing.com.au\/?p=56987"},"modified":"2022-10-28T10:46:54","modified_gmt":"2022-10-28T00:16:54","slug":"manufacturers-grant-cancelled-following-budget-program-slashing","status":"publish","type":"post","link":"https:\/\/www.aumanufacturing.com.au\/manufacturers-grant-cancelled-following-budget-program-slashing","title":{"rendered":"Manufacturer\u2019s grant cancelled following budget program slashing"},"content":{"rendered":"
Environmental technology company Calix has seen funding for its low-emissions tech evaporate after the government dropped a number of programs in its latest budget.<\/p>\n
In May this year, Calix received an $11m grant to develop technology with Adbri under the Carbon Capture, Use and Storage (CCUS) Hubs and Technologies Program, which would have been the world’s first commercial-scale process for the manufacture of low-emissions lime.<\/p>\n
Calix said that Boral has also advised it that $30m in grant funding, from the same program, that supported a CCUS project using Calix\u2019s cement and lime decarbonisation technology, has also been cancelled.<\/p>
At the time of the partnership’s announcement,<\/a> Boral\u2019s Chief Operating Officer, Darren Schulz, said the company was committed to investing in projects that create high-performing products while reducing its carbon footprint.<\/p>\n \u201cThis is game-changing technology for our industry and will play a critical role in supporting customers\u2019 sustainability targets,\u201d Schulz said.<\/p>\n Despite the government program cancellation, the company said it continues to work with Adbri on developing the world\u2019s first commercial-scale process for low-emissions lime and is \u201cengaging with Boral to consider the implications of the cancelled funding for its proposed project in the Southern Highlands of New South Wales\u201d.<\/p> However, the Australian government has announced it will implement a new Carbon Capture Technologies program, providing around $141 million over ten years in grants as part of the government\u2019s realignment of investment in carbon capture technologies.<\/p>\n \u201cThis measure will improve quality of spending by redirecting and delivering savings from the 2021\u201322 Budget measure titled Emissions Reduction and New Investment Under the Technology Investment Roadmap,\u201d the budget papers said.<\/a><\/p>\n Companies will have to reapply for grants once the program opens in 2023. The government said the focus would be on hard-to-abate industries such as cement manufacturing.<\/p>\n