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The government’s commitment to net zero emissions by 2050 has come at a big cost, with billions going to regional Australia to keep the Nationals on side.
The Palaszczuk Government will invest $2 billion into renewable energy and hydrogen jobs as part of our COVID-19 Economic Recovery Plan. The $2 billion.
12 May 2021
Former prime minister Malcolm Turnbull has dismissed hydrogen produced using coal and gas as a “delaying tactic” of the fossil fuel industry in a speech that also slammed the Morrison government for lack of budget support for clean energy.
Speaking at the Smart Energy Conference in Sydney on Wednesday, Turnbull also dismissed the prospects of carbon capture and storage technologies ever becoming a viable option in the energy system, saying it was only reasonable to support green hydrogen produced using renewable energy.
“Blue hydrogen is where you get the hydrogen from fossil fuels, and you store underground or sequestrate the carbon dioxide. It is BS,” Turnbull said.