The framework identifies 10 key areas necessary for creating new jobs and advancing social equity in a deeply decarbonized economy: (6) An exploration of the economic challenges and costs and benefits of developing hydrogen as an alternative fuel for the transportation, power, and industrial sectors;
On Thursday, the Federal Government agreed to begin a joint feasibility study with Germany into the development of a hydrogen supply chain between it and Australia.
Costa Rica too believes the clean fuel presents a viable and attractive opportunity. Deputy Minister of Environment and Energy, H.E. Rolando Castro Costa said his country’s near 100 per cent renewable power system and the availability of water offer the prospect for Costa Rica to become an active participant in the green hydrogen economy.
Hydrogen has the potential to be a game changer in this context and in Europe, we want to be the ones leading the way. The moment is right.