Department of Climate Change, Energy, the Environment and Water

Decision Brief Regarding Grant Funding To Kestrel Coal.

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This decision brief presents the Minister's approval of grant funding allocations under the Powering the Regions Fund Safeguard Transformation Stream (STS) Round 1 Batch 2. The brief confirms that an Expert Advisory Panel reviewed seven eligible applications from trade-exposed facilities covered by the Safeguard Mechanism and recommended six as Highly Suitable or Suitable for funding. The document allocates $91,091,383 in available grant funding (comprising $75 million plus $16,091,383 rolled over from Batch 1) to support scope 1 emissions reductions from these facilities. The STS program aims to support decarbonisation of trade-exposed industries, regional economic transition toward net zero by 2050, and continued Commonwealth purchases of Australian Carbon Credit Units. The brief specifically mentions Kestrel Coal as a recipient, though detailed environmental impact assessments, EPBC Act referral status, or baseline

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