Government sinks another $150m into hydrogen industry

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The federal government will sink an extra $150 million into hydrogen industrial hubs to all but guarantee a project in every state and territory. Hydrogen has emerged as a key element of the federal government’s emissions reduction strategy | ...

An extra $150 million will be sunk by the federal government into hydrogen industrial hubs that all but guarantees a project in every state and territory across the country.

Hydrogen has emerged as a key element of the federal government’s emissions reduction strategy with a stated aim of producing hydrogen at $2 a kilogram. At that price, it is expected hydrogen is competitive with alternative energy sources. These locations have expressed interest in the concept, building on existing infrastructure and resources available in each region.Mr Taylor said the hubs were crucial to the government’s hopes to turn Australia into a major hydrogen production and export country by 2030.this a reality,” he said.

 

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Dirty hydrogen to keep coal in the game?

Is there an unequivocal statement from government that it will be generated by renewables? They like the idea of hydrogen as unlike EVs hydrogen Is easier to tax and fuel companies still make $$. Home solar and batteries isn't the cash cow that is excisable fuels.

Fossil powered hydrogen is a COMPLETE WASTE OF TIME! It’s moronically stupid idea

Fingers crossed that's a viable technology? It seems viable in theory but that in no way means it will be competitive.

Which type of Hydrogen? Fossil H2 or renewable H2? If Angus’s finger prints are on it, I suggesting that this may be his latest attempt to green wash some more gas. H2 made from natural gas is worse than burning gas, unless somehow magically there is a decent CCS solution.

the wrong sort of Hydrogen...the world market will not accept Hydrogen generated from the burning of fossil fuels ..

HYDROGEN Is This The Next CON JOB Hydrogen Power? WB Hydrogen Hype and Hurdles:

AndrewW66619812 Expensive, wasteful, inexplicable. A sign of a nation unwilling to adapt away from fossil fuels.

They are spending, not sinking.

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Construction industry warned to ‘smarten up’ or risk being shut downVictoria’s health minister has warned the construction industry is at risk of being shut down during the ongoing Covid-19 pandemic. Shut them down then - but then again they are good for the state economy and they are union / labor voters so maybe we won’t 🤔 This is only the start I’m afraid. Y would you shut the industry down? Sydney shut down construction for 2 weeks… didn’t fix anything. 🤦‍♂️🤦‍♂️
Source: newscomauHQ - 🏆 9. / 77 Read more »