Morrison government flags $540m for hydrogen and carbon capture ahead of Biden summit
April 21, 2021 What Causes Global Warming 0 Comments
The extra technology roadmap funding comes as critics say the Coalition is increasingly isolated due to a lack of climate ambition
The Morrison government has flagged increased investment in regional hydrogen hubs and carbon capture and storage projects ahead of a global climate action summit to be hosted by the United States president, Joe Biden, at the end of this week.
The Australian government says the looming May budget will include an additional $539.2m for hydrogen and CCS, building on investments promised during last year’s budget of $70m over five years for hydrogen and $50m for CCS. The spending on CCS will increase to $263.7m.