A $100 billion wind,solar and hydrogen project has been proposed for Western Australia. But scientists say it will destroy an irreplaceable and precious area.
Donald Trump’s US election win is raising hopes for green investment growth in markets outside the US – and plans are afoot for Australia to capitalise.
The energy giant is pushing on with three projects,despite growing worries about high costs and a lack of customers.
Australia’s bid for hydrogen ‘superpower’ status has been dealt a new blow as the nation’s top energy utility – Origin Energy – pulls its plans for a large hydrogen hub.
The Albanese government’s vision for green manufacturing is yet to be made reality,but there is more to the hype than mere words.
A month after shedding 700 workers,Fortescue has posted an annual profit of $8.4 billion supporting a $2.2 billion payout to the miner’s biggest shareholders Andrew and Nicola Forrest.
Weeks ago Fortescue dumped a target to be a major producer of green hydrogen by 2030,but Andrew Forrest still insists his native Pilbara can supply the globe with green iron.
Woodside’s switch to investing in America continues with the purchase of an under construction plant in Texas with low emission ambitions.
Mining giant says it will lift spending on its green energy division this year despite setbacks tempering its ambitious green hydrogen targets.
Governments around the world,including Australia,are using taxpayers’ money to support emerging industries. Now there are warnings these programs may achieve little.
Fortescue is about to turn 21,and with age seemingly comes wisdom,as the company puts its enormously expensive green hydrogen plans on the backburner.