In an Australian first, newly re-elected Premier of Queensland Annastacia Palaszczuk has established a ministry for hydrogen in her new government. The move comes amidst a raft of recent hydrogen related policies throughout Australia and reinforces the nation’s determination to lead the global race for a hydrogen economy.
Global Energy Ventures announced to the ASX yesterday its design for the H2 Ship, a compressed hydrogen ship capable of transporting 2,000 tonnes of hydrogen from green hydrogen hubs in northern Australia to trading partners such as Singapore, Korea, China, and Japan.
The new legislation will clear the way for a new carbon and capture storage project in Victoria and create new jobs and opportunities for coal in the region, undermining the efforts to create a green hydrogen economy in Australia.
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