Opportunity
It is estimated that a clean hydrogen industry will support 16,000 jobs by 2050, plus an additional 13,000 from the construction of related renewable energy infrastructure. Australian hydrogen production for export and domestic use could generate more than $50 billion in additional GDP by 2050, and result in avoided greenhouse gas emissions equivalent to a third of Australia’s current fossil fuel emissions by 2050.
The National Hydrogen Strategy was adopted by all federal, state and territory governments in 2019. It sets the vision for a clean, innovative, safe and competitive hydrogen industry that helps our nation transition to a sustainable and affordable low emissions future.
