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The Albanese government is poised to announce a $1.1 billion investment in low carbon liquid fuel production, benefiting private businesses and farmers. The initiative, part of Labor's "Future Made in Australia" policy, aims to foster a domestic industry focused on sustainable aviation fuel and renewable diesel.

This investment is expected to drive economic growth, create jobs, and position Australia as a leader in the global clean energy transition. While promising, challenges regarding affordability, sustainability, and competition for feedstocks remain.