More Bullshit From Down Under: $100 Million Recycling Program Never Spent A Dime, Recycled A Thing
A $100m scheme to fund the manufacturing of products from recycled plastics and paper has not used any of its funding, nor supported any initiatives, since it was unveiled by the Morrison government ahead of the 2019 election. Labor has accused the government of failing to deliver on its recycling and waste commitments after Senate estimates last week heard leaders in charge of the Recycling Investment Fund (Rif) havent entered into any transactions at this point.
The fund announced by the prime minister, Scott Morrison, the treasurer, Josh Frydenberg, and the then environment minister, Melissa Price, in May 2019 committed $100m to support manufacturing of lower emissions and energy-efficient recycled content products, such as recycled content plastics and paper/pulp.
According to its website, the government-owned Clean Energy Finance Corporation expected to use the $100m by providing concessional loans of about $10m to larger-scale commercial and industrial projects that use clean energy technologies to support the recycling of waste plastics, paper, glass and tyres.
EDIT
When Guardian Australia asked the environment minister, Sussan Ley, if she was concerned by the output of the Rif, a spokesman did not answer directly, instead saying the Morrison government is driving unprecedented investment in waste and recycling and is working closely with industry and non-government organisations to drive lasting change.
EDIT
https://www.theguardian.com/australia-news/2020/oct/27/coalitions-100m-scheme-to-fund-recycled-products-has-spent-no-money