Albany taxpayer-funded wave energy deal cancelled | Sky News Australia

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Albany taxpayer-funded wave energy deal cancelled | Sky News Australia
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The deal failure follows two other projects like it near Port Kembla, New South Wales and Carrickalinga in South Australia. theboltreport

Carnegie Clean Energy’s Albany wave energy deal with the West Australian Government has been cancelled, with the state initially promising nearly $16 million in grants, and the federal government promising another $12 million.

The deal failure follows two other projects like it near Port Kembla, New South Wales and Carrickalinga in South Australia. Outsiders host Rowan Dean says it’s ‘great’ people are innovating and finding new ways to generate electricity, but it should not be done on the taxpayer dollar.

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