September 30, 2024

Australia has potential to be ‘world leader’ in clean hydrogen and energy

Angus Taylor #AngusTaylor

Australia has the potential to be a “world leader” in clean hydrogen as the government invests $276 million in clean hydrogen projects. Energy Minister Angus Taylor and Prime Minister Scott Morrison officially announced the government’s $540 million funding package for clean energy including hydrogen and carbon capture. The $276 million will go towards accelerating four Hydrogen hubs in regional Australia as part of the government’s commitment to emissions reduction. “Hydrogen is a fuel that already is used today but has enormous potential in bringing down emissions and delivering that affordable reliable energy we need,” Mr Taylor said. “Clean hydrogen is where Australia has the potential to be a world leader in energy just as we have been and continue to be in LNG, coal, and other crucial resource industries. “That is where our future lies, alongside those fantastic industries that we have built over such a long period of time.”

Australia has the potential to be a “world leader” in clean hydrogen as the government invests $276 million in clean hydrogen projects.

Energy Minister Angus Taylor and Prime Minister Scott Morrison officially announced the government’s $540 million funding package for clean energy including hydrogen and carbon capture.

The $276 million will go towards accelerating four Hydrogen hubs in regional Australia as part of the government’s commitment to emissions reduction.

“Hydrogen is a fuel that already is used today but has enormous potential in bringing down emissions and delivering that affordable reliable energy we need,” Mr Taylor said.

“Clean hydrogen is where Australia has the potential to be a world leader in energy just as we have been and continue to be in LNG, coal, and other crucial resource industries.

“That is where our future lies, alongside those fantastic industries that we have built over such a long period of time.”

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