16 hours ago
Labor kicking off Hydrogen Headstart Program by investing $432 million into project
The Labor Party is putting $432 million of public funds into Orica to shift from natural gas to green hydrogen.
This is the second project backed under the Albanese government's Hydrogen Headstart Program, which is designed to help the emerging industry get off the ground.
Cleaning up emission-intensive industries is an essential step in meeting Australia's climate targets.
Australia can produce a few hundred tons of clean hydrogen every year, while Labor has set a target of 15 million tons annually by 2050.
