Andrew Forrest wants to save the world with planes,trains and mining trucks. Some doubt the scale,but few question the ambition.
Queensland federal Labor figures have joined state counterparts to praise plans for the plant,expected to run on 100 per cent renewable energy.
“You have to forgive those leaders who jumped to a fossil fuel solution” after Russia invaded Ukraine,Forrest said,“but in the end they have empowered Putin”.
The Coalition’s plan to hit net zero by 2050 includes a significant expansion of Australia’s gas resources,which the government says will be used as a transition fuel.
The crisis in Ukraine has highlighted the need for Australia’s energy independence,Andrew “Twiggy” Forrest told a business lunch in Brisbane on Friday.
Terms of the tender exclude fuel from a showpiece $1 billion hydrogen plant Woodside plans to build near Perth.
A confidential WA government plan reveals ambitions for 500 kilometres of connected hydrogen production along the coast by 2030,costing tens of billions.
The about-face makes political sense - but whether the project stacks up economically,or serves any environmental utility,is another question.
Australia’s first purpose-built assembly plant to manufacture hydrogen-powered commercial vehicles will be built in Noble Park.
An investment from a trillion-dollar Singaporean sovereign wealth fund means a major credibility boost for two huge developments planned in Western Australia.
A ship has arrived at Victoria’s Port of Hastings to transport the world’s first cargo of liquefied hydrogen into an international market.