Queensland's Investment in Hydrogen: Paving the Way to a Cleaner Future
Key Ideas
  • The Miles Government's budget allocates $4 million to explore the potential of natural hydrogen, aiming to support a new industry in Queensland.
  • This investment aligns with Queensland's goal of reaching a renewable energy target of 70% by 2032 and contributes to the state's path to net zero emissions.
  • The budget also includes a $90 million injection into Queensland's resources industry, emphasizing the government's focus on driving economic growth and innovation.
  • The initiative is expected to not only create jobs but also address cost-of-living pressures through cheaper power, transport, and housing options for residents.
The Queensland State Budget under the Miles Government has earmarked $4 million to delve into the potential of natural hydrogen, marking a significant step towards fostering a new industry within the state. This initiative, unveiled in Mackay by Resources and Critical Minerals Minister Scott Stewart, highlights Queensland's commitment to embracing new technologies amidst global decarbonization efforts. Hydrogen, known for its clean and renewable attributes, holds promise for various applications such as transport and power supply, aligning well with Queensland's renewable energy target. The $90 million injection into the resources industry further underscores the government's dedication to driving economic progress. Minister Stewart emphasized Queensland's advantageous position to cultivate a green hydrogen industry due to abundant sunshine and favorable winds, essential for generating clean electricity. Collaboration with researchers and organizations nationwide underscores the comprehensive nature of the study. Mackay MP Julieanne Gilbert emphasized the positive impact on residents, foreseeing relief from cost-of-living burdens through reduced power and transport expenses. The government's strategic investments in emerging industries like clean hydrogen not only promise a sustainable future but also pave the way for job creation and economic growth in Queensland.
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