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AAP
AAP
Business
Marion Rae

'Massive incentive' to replace diesel with hydrogen

A budget tax break will help hydrogen cars run at a price equivalent to or probably less than diesel (Jennifer Dudley Nicholson/AAP PHOTOS)

Future drivers and industries could use certified green hydrogen at a pump price the same or less than diesel after production subsidies kick in, a renewable hydrogen developer says.

The new tax break in the 2024/25 federal budget was a "massive incentive" for companies and governments to embrace zero-emission hydrogen as a replacement fuel for diesel, according to the founder of Countrywide Hydrogen Geoff Drucker.

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