Australia to create $653 million fund to expand solar panel manufacturing

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SYDNEY (Reuters) – Australia will set up an A$1 billion ($653 million) fund to help expand solar panel manufacturing at home, Prime Minister Anthony Albanese said on Thursday, as it looks to ramp up its transition to renewable energy from coal power.

Albanese’s centre-left Labor government has been boosting spending to underwrite new wind, solar and battery projects with more than A$40 billion of investment committed since coming to power in 2022. The government is targeting 82% renewable power by 2030 in the energy grid from around 40% now.

“Australia should not be the last link in a global supply chain built on an Australian invention,” Albanese said in a statement.

“We have every metal and critical mineral necessary to be a central player in the net zero transformation, and a proven track record as a reliable energy producer and exporter.”

One in three Australian homes have installed roof solar panels, the highest uptake in the world, but only 1% of those are manufactured in the country.

The initiative will include production subsidies and grants, and help manufacture solar panels at the site of Australia’s top power producer AGL Energy’s former coal-fired Liddell Power Station, Albanese told ABC Radio.

The domestic manufacturing of panels will help avoid any potential disruption to trade in the future, similar to issues faced during the COVID-19 pandemic, and it would support jobs as coal-fired power stations retire, Albanese said.

“There are other planned closures in the future … we (must) look for opportunities that workers continue to be employed in alternative, high-paying secure jobs,” he said.

The Australian Renewable Energy Agency (ARENA) will help with the design and delivery of the initiative. ARENA will look at the entire supply chain from ingots and wafers to cells, module assembly, and related components, including solar glass and inverters.

($1 = 1.5314 Australian dollars)

(Reporting by Renju Jose in Sydney. Editing by Sam Holmes.)

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A-listers including Oprah Winfrey, Meryl Streep, Leonardo DiCaprio donate $1 million each to SAG-AFTRA relief fund

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Hollywood’s biggest stars have put their money where their mouth is and contributed big sums to a relief fund for actors amid their ongoing strike against major Hollywood studios

On Wednesday, SAG-AFTRA Foundation President Courtney B. Vance announced the nonprofit raised over $15 million in the past three weeks for its Emergency Financial Assistance Program, with donations of $1 million or more from a number of A-listers. 

Big names like Leonardo DiCaprio, Nicole Kidman, Julia Roberts, Arnold Schwarzenegger, Meryl Streep and Oprah Winfrey were among those contributing huge sums to the relief fund — following in the footsteps of Dwayne “The Rock” Johnson who in July made a “milestone” undisclosed seven-figure donation, the largest it ever received at the time. 

The list of million-dollar donors also includes George and Amal Clooney, Luciana and Matt Damon, Jennifer Lopez and Ben Affleck, Hugh Jackman, Deborra-Lee Furness, and Ryan Reynolds and Blake Lively, the foundation said. 

“Dwayne Johnson helped kick-start this campaign by giving a historic seven-figure donation,” Vance said in a statement. “And, two longtime champions of our Foundation and leaders on our Actors Council, Meryl Streep and George Clooney, stepped up with $1 million donations, emails, and many calls to action rallying others to give generously.”

Streep, a three-time Oscar winner, said actors must stand together against corporations who are seeking to take the “humanity” out of their profession. 

“I remember my days as a waiter, cleaner, typist, even my time on the unemployment line,” Streep said. “I am lucky to be able to support those who will struggle in a long action to sustain against Goliath. We will stand strong together against these powerful corporations who are bent on taking the humanity, the human dignity, even the human out of our profession.”

Despite the big boost of support, Vance said there is still more money to raise as the strike continues with no clear end in sight. 

“We’ve crushed our initial goal because our people are coming together, but we still aren’t done,” he added. “Our fundraising will continue in order to meet the overwhelming needs of our community now and in the future.”

For the first time since 1960, both Hollywood actors and writers are on strike simultaneously, a move that has effectively shut down scripted production across the industry. The Screen Actors Guild has more than 160,000 members, although the strike only affects the union’s roughly 65,000 actors. 

Editor’s note: Paramount Pictures, one of the studios involved in the negotiations, and CBS News are both part of Paramount Global. Also, some CBS News staff are SAG-AFTRA or Writers Guild members, but their contracts are not affected by the strikes

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Trump allies create legal defense fund ahead of Georgia charging decision

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Trump allies create legal defense fund ahead of Georgia charging decision – CBS News

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Barricades went up outside the courthouse in Atlanta as the Fulton County district attorney nears a charging decision in the Georgia election investigation. Monday marked the first day of a 3-week window the DA cited for potential charges. CBS News’ Nikole Killion and Major Garrett joined “America Decides” to break down the mounting legal issues facing former President Donald Trump.

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Trump allies form new legal defense fund

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GOP candidate booed for Trump comments


GOP candidate booed for saying Trump is running to stay out of prison

09:07

Trump allies, led by longtime Trump adviser Michael Glassner, are creating a new legal defense fund, according to a person with direct knowledge of the plans. 

The group will be called the Patriot Legal Defense Fund Inc., and its focus will be on paying legal bills not for Trump and his family, but for Trump’s allies and staffers. The group’s creation comes as the former president and some of his associates are embroiled in multiple criminal investigations and cases.

The group is not a part of the Trump 2024 campaign and is separate from Trump’s leadership PAC, Save America, which has already spent over $40 million on legal fees for Trump and associates so far this year. Save America doesn’t offer a breakdown of how much has been spent on any individual, or which investigations are involved. 

Earlier this year, the Trump campaign noted in fine print that it was increasing the percentage of supporters’ donations it sent to Trump’s Save America PAC from 1% to 10%, as the New York Times first reported in June — a signal of how expensive Trump world expects these legal fights to be. 

The president’s sprawling legal landscape entails charges in an alleged “hush money” scheme in New York and criminal charges over his handling of classified documents at Mar-a-Lago. Trump has pleaded not guilty in both cases. The former president could also be facing more indictments. He said on social media earlier in July that he received a target letter from special counsel Jack Smith related to the Jan. 6 investigation and alleged efforts to overturn the 2020 election results, a claim confirmed by multiple sources. 

And in Fulton County, Georgia, a grand jury may soon consider whether Trump, his associates and so-called “fake electors” who allegedly sought to reverse the state’s Electoral College vote should be charged over alleged attempts to interfere with the peaceful transfer of power after the 2020 presidential election.

The former president insists he’s innocent in all of the investigations and cases, casting blame on state and federal prosecutors as “politically motivated.” 

Glassner was the chief strategist for Trump’s 2020 campaign and deputy campaign manager for Trump’s 2016 presidential campaign.

—Kathryn Watson contributed to this report  

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