Australia revamps hydrogen push to reshape economy

Contributing sentiments towards policy:

64% : Australia has talked for years about becoming a leader in the global supply of hydrogen, based on its potential to process it using abundant renewable energy.
62% : The Labor government, which was elected last year, set new climate goals for the country, backed broader investment in renewable energy and gave hydrogen a more central role in the energy transition.
62% : Hydrogen power would allow places such as Wollongong to "make and export everything from renewable energy to green steel", Jim Chalmers, Australia's treasurer, said as he announced the budget.
62% : Another view is that it would be more effective to embed the green energy into other exports, for example, by using hydrogen to process minerals such as iron ore before shipping it.
58% : Exports of "green" hydrogen, made by passing water through a renewable energy-powered electrolyser, could offset expected long-term declines in sales of coal and natural gas.
57% :The government also said in August that it was preparing its own version of the US subsidies to stimulate more investment in clean energy projects.
52% : Australia's previous conservative government backed hydrogen production as a policy but maintained its support for the fossil fuel sector, including coal.

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