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

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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

 

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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 »