Huge new hydrogen industry for NSW | alexsmithsmh
NSW will pursue large-scale hydrogen production as part of its attempt to tackle the COVID-19 economic crisis, with Newcastle and Port Kembla identified as critical hubs for tens of thousands of new export jobs.
Mr Barilaro said the only point of difference in the state Coalition was around how to supply baseload power, and he also insists nuclear energy should be included in the mix. The report, which makes 65 recommendations, says the "changing climate is one of the most significant global megatrends of the 21st century". It says that in 2019, the World Economic Forum reported that 67 countries had gone further than the Paris Agreement, committing to a target of net-zero emissions by 2050.
"Low renewable energy costs will make Australia one of the most cost-competitive locations to produce hydrogen, potentially for example, at a lower cost than in China and Japan," it says.
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