Energy Storage News•8 days ago
Australia’s EPBC Act overhaul promises streamlined approvals as industry voices mixed support
Key Takeaway
Australia's EPBC Act reform aims to accelerate renewable energy project approvals, potentially reducing development timelines and costs for developers and IPPs.
AI Summary
- •Australia's Parliament is reviewing reform bills for the Environment Protection and Biodiversity Conservation (EPBC) Act.
- •The proposed overhaul aims to streamline environmental approvals, specifically addressing past criticisms of delaying renewable energy projects.
- •This regulatory change could accelerate the development and deployment of new renewable energy capacity in Australia, impacting project timelines for developers and IPPs.
Topics
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Article Content
The Australian Parliament has received the Environment Protection and Biodiversity Conservation (EPBC) Act reform bills, marking the government's latest attempt to overhaul environmental legislation that has faced criticism for delaying renewable energy projects and contributing to biodiversity decline.