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Energyworx Raises €5 1M in Funding
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Energyworx Announces €5 1M Investment Led by Eneco Ventures
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Australia to produce the cheapest hydrogen: PM
Apr 23, 2021 6:45:am
Summary
by: Shardul Sharma
Posted in:
Australia to produce the cheapest hydrogen: PM
Australia is aiming to produce the cheapest clean hydrogen in the world, the country’s prime minister Scott Morrison told the Leaders Summit on Climate on April 22.
“In Australia, our ambition is to produce the cheapest clean hydrogen in the world, at A$2 ($0.77)/kilogram,” he said. “We are investing around A$20bn to achieve ambitious goals that will bring the cost of clean hydrogen, green steel, energy storage and carbon capture to commercial parity. We expect this to leverage more than A$80bn in investment in the decade ahead.”
President Biden speaks at an event in Jackson, Mississippi standing in front of an American flag
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With Joe Biden’s inauguration as the 46th President of the United States of America, the world looks to Washington, DC with great expectations. The return to the Paris Agreement and the appointment of John Kerry as the new US Special Presidential Envoy for Climate, with promises to work closely with allies on all energy and climate matters, indicate a new paradigm: international energy and climate cooperation is again back on the agenda. The days of the Trump administration’s “energy dominance” approach seem to be over. That is great news for the global climate movement, but also for friends and allies across the world. But so far, these are just declarations and intentions. The new president will likely meet a lot of opposition in Congress, as well as from the powerful
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