The inauguration of Joe Biden as US President is likely to cement the global shift to sustainable energy use. Biden’s ambitious $2 trillion climate proposal includes an emissions-free electricity grid in 15 years and a target of net-zero emissions across the entire economy by 2050. Part of his climate proposal includes using renewables to produce carbon-free hydrogen at the same cost as that from shale gas.
This reinforces the hydrogen opportunity – hydrogen’s time has most definitely arrived and now we need to make it happen at scale. In Australia, we have a goal to get hydrogen under $2 per kilogram. We can do this if Australian policy settings match the pace of industry development.
Here are three policy areas the hydrogen industry needs to accelerate in 2021.
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