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Australia Unveils Plans to Pour Over US$700 Million into Biofuel Sector
3 day ago /
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Author：小编
The Australian government has made public its intention to invest a staggering 1.1 billion Australian dollars (roughly equivalent to US$735 million) in the biofuel industry over the coming decade. The nation's treasurer has referred to this substantial financial commitment as a mere "down payment." This strategic move is designed to act as a catalyst, spurring investment from the private sector. Moreover, it is anticipated to significantly drive up the demand for raw materials used in biofuel production.
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