InterContinental Energy CEO, Alex Tancock, says Australia’s hydrogen policies signal a shift towards clean energy leadership, but long-term success hinges on demand creation and integrated industries to drive costs down.
With the recent passage of landmark hydrogen legislation, Australia is positioning itself at the forefront of the clean energy shift. Approval of The Future Made in Australia (FMIA) Act and the Hydrogen Headstart programme marks a critical turning point, one that could define Australia’s role in the global clean energy economy for decades.
While Australia has long been known for its vast reserves of iron ore and natural gas, the country is now harnessing its wind and solar resources to meet the growing demand for green products.
Countries seeking to transition away from fossil fuels need sustainable alternatives, and Australia is uniquely placed to supply them, just as it built much of its economic prosperity on its role as a leading resource exporter, supplying coal, natural gas, and iron ore to markets across Asia and beyond.
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