Clean hydrogen and carbon capture investment to create 2,500 jobs while reducing emissions

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21 April 2021

The Australian Government is supporting the growth of Australia’s hydrogen industry as part of a new investment to back technologies and projects that will help to reduce global emissions, boost jobs and support Australia’s economic recovery.

Through the 2021-2022 Budget, the government will invest $539.2 million into clean hydrogen and carbon capture and carbon capture, use and storage (CCS/CCUS) projects:

  • $275.5 million to support the development of 4 additional clean hydrogen hubs in regional Australia, trial a Guarantee of Origin/hydrogen certification scheme, and fund legal and market reforms.
  • $263.7 million to support the development of CCS/CCUS projects and hubs

This investment is expected to create 2,500 jobs as part of the government’s  technology-led plan to:

  • grow the economy
  • meet and beat Australia’s emissions reduction commitments

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