Fortescue, a company known for mining iron ore, recently announced plans to cut 700 jobs by the end of the month to streamline its operations. Despite concerns that this move signaled a retreat from green hydrogen ambitions, company founder Andrew Forrest emphasized his continued commitment to the technology. He likened green hydrogen to essential medicines, stressing its importance for industry decarbonization. Experts noted that the decision to abandon the 15 million tonnes green hydrogen production target may have been influenced by underestimated costs and shareholder expectations. Renewable energy executives highlighted the importance of using low-cost renewables to produce green hydrogen competitively. Meanwhile, political figures engaged in debates regarding energy policies, with liberal MPs criticizing Labor's focus on green hydrogen exclusively and calling for a balanced energy mix. Despite differing opinions, the Australian government reiterated its support for green hydrogen, emphasizing its role in the country's future energy landscape.