Mining magnate Andrew Forrest believes a $2 billion federal funding injection to help accelerate Australia's green hydrogen industry will be just the start, as his company positions to tap into the likely subsidy.
In what is being seen as a response to US President Joe Biden's massive $US370 billion ($547 billion) Inflation Reduction Act (IRA), Australia's Hydrogen Headstart program has been unveiled in the 2023 budget to support a small number of "large-scale projects" through "competitive production contracts".
