News Formal

Australia could be a ‘big winner’ with green hydrogen investment

  • 📰 SkyNewsAust
  • ⏱ Reading Time:
  • 8 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 78%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

Fortescue Metals Chairman Andrew Forrest says Australia could be a “really big winner” when it comes to investing in green hydrogen, following the government’s announcement of a $2 billion Hydrogen Headstart program.

“I think this is Australia’s shot to create a Saudi Aramco, to create an economy the size of Saudi Arabia as just one of the strings to our bow,” Mr Forrest told Sky News Australia.

“Look we could miss it and say yeah, no … we’ll just ride on the sheep’s back or the iron ore industry, but I think that’s crazy.Read More

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 7. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Government backs hydrogen, time for industry to step upAndrew Forrest’s Fortescue Future Industries is likely to be one of the first out of the gates, after assessing projects in Queensland and the Northern Territory.
Source: FinancialReview - 🏆 2. / 90 Read more »