Brisbane Times ·general ·2 hours ago

Trump spurs billion-dollar cuts to Labor’s green hydrogen dream

Australia's Labor government cut $1 billion from its green hydrogen export program this week, with budget papers revealing $1.9 billion less spending on hydrogen production credits by 2030. The retreat from the 2022 election pledge follows Trump's anti-clean-energy policies, which prompted Andrew Forrest's Fortescue Metals to cancel an $830 million Arizona hydrogen plant.

Summary by Glance · Brisbane Times

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