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The Guardian - AU
The Guardian - AU
Environment
Graham Readfearn

Fortescue axes two green hydrogen projects after Trump administration’s shift on renewables

Fortescue's founder Andrew Forrest
Andrew Forrest’s Fortescue has cancelled two major green hydrogen projects – one in Australia and one in the US. Photograph: Sean Gallup/Getty Images

The iron ore magnate Andrew Forrest’s Fortescue company has cancelled two major green hydrogen projects, laying some of the blame on the Trump administration’s shift away from renewable energy.

Fortescue’s decision to cancel the two ventures in Queensland and Arizona are the latest in a run of canned hydrogen projects in Australia and elsewhere that will raise further questions about the future of the clean fuel.

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