The Victorian Government will invest $10 million into projects that will create electricity, heat, gas, or liquid fuel from organic waste.
The Waste to Energy – Bioenergy Fund will prioritise projects that increase jobs, create new economic opportunities and foster energy independence, while developing safe end uses for the residual products created by the renewable bioenergy process.
Projects are expected to deliver an additional 5000 kW to Victoria’s renewable energy production while diverting organic waste from landfill.
“Bioenergy will play a major role in delivering our targets to halve organic waste sent to landfill by 2030 and will help us on our journey to net zero by 2050,” Environment and Climate Action Minister Lily D’Ambrosio said.
“We’re creating regional jobs and new industries and income streams for farmers through our investment in bioenergy, while diverting organic waste from landfill.”
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The Victorian Government aims to halve emissions by 2030 and to reach net-zero emissions by 2050, which includes 40 per cent renewable energy capacity by 2025 and 50 per cent by 2030. By 2030, the Government also aims to halve the organic waste sent to landfill.
It will also launch a new government body to support the transformation of the state’s waste and recycling systems.
The new entity will oversee new standards, regulations and reporting in the waste and recycling sector, to build community confidence and encourage businesses to innovate, invest and grow Victoria’s circular economy.
Recycling Victoria will work with councils, industry, regional communities and Traditional Owners, to create a better and more reliable waste and recycling system, reduce landfill waste, improve resource recovery and cut greenhouse gas emissions.
“By expanding and strengthening our waste and recycling capabilities across the state, we’re investing in the future of our environment and for all Victorians,” Lily D’Ambrosio said.