Three South Korean firms have planned to build a green energy export hub in Queensland to produce up to a million tonnes of green ammonia with 3GW (gigawatts) of renewable energy generation capacity.
The Australian government has appointed an independent group to review the integrity of Australian Carbon Credit Units (ACCUs), the country’s credit system for voluntary carbon reduction measures.
The Australian government has announced that it will invest A$300 million (US$217m) in a new hydrogen hub and several carbon capture storage (CCS) sites in Northern Territory (NT).