Anthony Albanese announced a $70 million investment for the Townsville Region Hydrogen Hub program, as well as tens of millions of dollars worth of business grants to help get hydrogen projects up and running in North Queensland.
A major cash injection for a new hydrogen hub in Queensland will create"thousands” of “well-paid jobs” and bring Australia closer to reaching its carbon emissions reduction targets, says the Prime Minister.
Alongside the $140 in funding, local businesses will be able to apply for grants between $30m and $70m to support the transition to clean energy. Stream more election news live & on demand with Flash. 25+ news channels in 1 place. New to Flash? Try 1 month free. Offer ends 31 October, 2023 Mr Albanese said there was no use pretending the world wasn't changing and that it was time to"get on the front foot".
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