Australia has introduced tax initiatives to support the growth of the renewable energy sector, particularly focusing on areas like renewable hydrogen, green metals, and clean energy manufacturing. The Future Made in Australia initiative, part of the 2024-25 Federal Budget, includes measures such as the Hydrogen Production Tax Incentive and the Critical Minerals Production Tax Incentive to encourage investment in these areas. The Hydrogen Production Tax Incentive offers a refundable tax offset of $2 per kilogram of renewable hydrogen to eligible producers, targeting medium to large-scale production. To qualify for this incentive, producers must meet specific requirements such as being a taxable entity in Australia and adhering to community benefit principles. Similarly, the Critical Minerals Production Tax Incentive provides a 10% refundable tax offset for eligible expenditure related to critical minerals processing activities. The government has also allocated funds for various programs and facilities to support the critical minerals industry. Overall, these tax incentives aim to boost clean energy production, promote early access to renewable resources, and drive investment in sustainable technologies.