Fortescue, a prominent player in Australia's energy sector, has expressed strong support for the country's new Hydrogen Production Tax Incentive. This initiative, part of the $17 billion Future Made in Australia Bill 2024, aims to drive investment in green hydrogen and green iron metal industries. Fortescue's CEO, Dino Otranto, praised the tax incentive as a crucial step in building a robust and scalable green hydrogen industry, essential for decarbonising steel production. The Federal Government's focus on green hydrogen aligns with Fortescue's efforts towards industry-wide decarbonisation. Otranto emphasized the importance of ongoing government support to achieve 'real zero' emissions. Fortescue's significant investments in renewable energy projects position the company as a leader in low-emission steel production. The tax incentive is expected to bolster Fortescue's transition and strengthen Australia's position in the global clean energy economy.