Australia had been a big investor in fossil fuels and a low one in renewables, according to International Energy Agency data, but Arena grants changed that

Australia has consistently led the world with its funding of fossil fuel research and consistently lagged other nations when it comes to developing renewable energy, according analysis by the Australia Institute.

The only time in Australia’s recent history that research and development for renewables outstripped R&D for fossil fuels was when the Australian Renewable Energy Agency (Arena) began making grants to renewables in 2013, the study of International Energy Agency figures found.

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Source: Guardian Environment