Scott Morrison strikes $2bn deal with NSW to boost gas supply
by Paul Karp from on (#4YP7S)
Agreement will underwrite grid interconnectors and cut emissions, Australian prime minister says
Scott Morrison has struck a $2bn deal with the New South Wales government to increase gas supply and reduce greenhouse gas emissions from the electricity sector.
The deal includes at least $450m of federal grants and $510m more of federal grants or loans for "NSW-based emissions reduction initiatives", to be matched by $1.01bn in direct funding from Gladys Berejiklian's government.
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