Australian Government Pledges to Unlock $50 Billion of Investment into Hydrogen
Australia and Germany sign new hydrogen deal.
Australian Climate Change and Energy Minister Chris Bowen launches the National Electric Vehicle Strategy at a press conference outside Parliament House in Canberra, Australia, on April 19, 2023. AAP Image/Lukas Coch
The government expects its National Hydrogen Strategy to unlock $50 billion in private sector investment, and increase annual green hydrogen production to 1 million tonnes by 2030.
Chris Bowen, minister for climate change and energy, announced the numbers at the APAC Hydrogen Summit in Brisbane on Sept. 13.
Naziya Alvi Rahman
Author
Naziya Alvi Rahman is a Canberra-based journalist who covers political issues in Australia. She can be reached at [email protected].
