MELBOURNE: Australia's federal government and the state of South Australia have signed a A$1.1 billion deal to finance measures aimed at making energy more affordable and helping to curb carbon emissions.
"Families and businesses need affordable, reliable power. That is what reduces prices and creates jobs," Prime Minister Scott Morrison said during a televised briefing while announcing the agreement. Premier of South Australia Steven Marshall said the deal will also help to deliver the infrastructure needed for electric cars and to generate new revenue for farmers from carbon reductions."This agreement is going to lower power bills for South Australians and create jobs in the fast-growing renewables industry," Marshall said.
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