Townsville-based economist Tracey Lines has joined the Clean Energy Finance Corporation in a move the body says recognises the huge potential for clean energy investment across Queensland.
Ms Lines has extensive experience in large scale infrastructure, particularly ports, supply chains and energy and water infrastructure. She was most recently general manager of economic development at Townsville Enterprise, and before that advisor to Infrastructure Australia.
“I’m looking forward to speaking with the business community about how the CEFC invests to enable the rollout of technologies that can support Australia’s clean energy transformation, especially in North Queensland,” Ms Lines said.
“We see northern Queensland as an important area where clean energy investments can make a real difference. The CEFC provides project finance for large-scale developments like solar farms and bioenergy projects and works with Australia’s major banks and other financiers to provide accessible finance to businesses and not-for-profit organisations for a range of smaller projects.”
The federal government has recently indicated it will ask the CEFC to create a Reef Funding Program to support clean energy projects in the Great Barrier Reef catchment area. Ms Lines’ appointment will help this Reef focus should the government act to update the CEFC’s investment mandate.
“CEFC finance can support clean energy projects such as solar panels and other renewable energy substitutes on farms as well as more energy efficient equipment in agriculture, local government and tourism, all of which can benefit the Reef,” Ms Lines said.
“We’re also looking to help coastal sewage treatment plants to reduce ocean outfalls with efficient pumps, biogas electricity generation and next generation waste water treatment.
“Clean energy projects that reduce runoff of pollutants, fertiliser and sediment, the installation of more energy and water efficient irrigation systems, pesticide sprayers and fertiliser application systems are also likely to be eligible for our finance.”