IEEFA warns Australian hydrogen export focus risks wasting public money

The Australian government should redirect green hydrogen subsidies toward domestic industries already reliant on fossil-based hydrogen, rather than backing export-focused developments.

That’s the message from the Institute for Energy Economics and Financial Analysis (IEEFA), which warns that many proposed hydrogen export projects are economically unviable and risk wasting public funds.

The call comes amid a string of government-backed projects being cancelled or severely delayed due to high production costs and limited demand.

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