Jim Chalmers flags hydrogen a ‘big opportunity’ for Australia

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Treasurer Jim Chalmers says we are in a “defining decade” during the transition to net-zero emissions, with hydrogen energy serving as a “big opportunity” for Australia.

“Tonight’s $2 billion hydrogen head start is about working out where we fit in the global supply chains,” Mr Chalmers told Sky News Australia.

“The technology is terrific and what we need to do is we need to make sure we’re making the most of our comparative advantages in technology … which make us more competitive than we would otherwise be. “A central part of growth plans in the budget is cleaner and cheaper energy, the industrial and economic opportunities that come from that – and hydrogen is one of those.”

 

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