$3b plan to establish green ‘hydrogen hubs’ in regional New South Wales.
New South Wales Premier Dominic Perrottet has announced a $3 billion green hydrogen strategy for the state which he said would create 10,000 jobs by 2030.
The strategy will involve creating “hydrogen hubs” across regional NSW.
Dominic Perrottet:
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Mr Perrottet said the strategy would attract more than $80 billion of private investment, and boost the NSW economy by $600 million.
“Making the important decisions today will ensure greater prosperity for the future,” he said.
Deputy Premier Stuart Ayres said while the Hunter and Illawarra regions had been “powerhouses” of NSW, but the world was transitioning away from coal.
Parkes, Wagga Wagga and Hay had been identified as key renewable energy zones.
Environment Minister and Treasurer Matt Kean said NSW would become the “green energy capital of the world”.
He pledged the Hunter and Illawarra regions would be future-proofed.
$3 billion plan to Establish Green ‘Hydrogen Hubs’ in Regional New South Wales
Matt Kean:
Hydrogen will be as big as the coal industry in NSW by 2050.
Billionaire Andrew “Twiggy” Forrest went even further.
“There will be no bigger industry than green hydrogen,” he said.
“It will dwarf the scale of iron ore, it will dwarf the scale of coal, in Australia.”
Dr Forrest urged governments around the country to follow the lead of NSW and Queensland and get aboard the hydrogen bandwagon.
“Do not deny your voters, your constituents, their future,” he said.
“This is the start of the green, pollution-free industrial revolution.”
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$3b plan to establish green ‘hydrogen hubs’ in regional NSW, October 13, 2021
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