The Australian Government is gearing up to present tax credits for green hydrogen and critical minerals as part of the Future Made in Australia (FMIA) plans. These tax incentives aim to drive the production of renewable energy sources and boost industrial growth. Under the legislation, there will be an AUD $2/kg hydrogen production credit for projects between 2027/28 and 2039/40, along with a 10% incentive for critical minerals processing and refining costs, supporting projects for up to ten years. Minister for Climate Change and Energy, Chris Bowen, highlights the significance of renewable hydrogen and critical minerals in the path towards achieving Net Zero goals. The industry has welcomed the AUD $13.7bn hydrogen incentive as a positive step. However, political opposition, particularly from the Liberal Party, has criticized the hydrogen tax credits, expressing concerns about them being perceived as benefits for the wealthy. Recent setbacks in green hydrogen projects by major companies like Fortescue and Origin Energy have fueled this sentiment. Despite the challenges, Australia is committed to advancing its domestic hydrogen industry and positioning itself as a key player in hydrogen exports to Asian nations. The political landscape, with a federal election scheduled for 2025, remains tense, with hydrogen policy playing a pivotal role in the discourse.