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The Guardian - AU

Environment

Peter Hannam and Adam Morton

Labor’s hydrogen pledge a ‘great start’ but more needed to become global player, experts say

Hydrogen Australia Sophie Scamps United States Guy Debelle Chalmers Fiona Simon Renewable Energy Tony Wood

a hydrogen powered car — The federal budget has pledged $2bn to develop develop industry for hydrogen, which can be used to power vehicles, generate electricity and power industry. Photograph: Lukas Coch/AAP

The Albanese government’s $2bn commitment to nurture a hydrogen industry in Australia has been welcomed by sector experts as a “great start” but one that must be accompanied with a clear strategy for it to have a chance to succeed.

The 2023-24 budget, released on Tuesday, earmarked $7.3m in the coming fiscal year for its “hydrogen headstart”, climbing to $151.2m by 2026-27.

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