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Australia to pour billions of dollars into renewable energy projects

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Australia has announced plans to build renewable energy projects, offshore wind farms and undersea transmission cables, as part of its efforts to cut carbon emissions by 43% by 2030.

Australia’s center-left government has said its renewable power will help “rewire” the power grid.

According to the government’s statement, the plan includes the “rapid” development of the offshore wind industry in the state of Victoria. Underwater electricity interconnector between Victoria and neighboring New South Wales will also be upgraded.

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