CANBERRA – Australia’s prime minister has proposed spending an extra 539 million Australian dollars ($417 million) on hydrogen and carbon sequestration projects, seeking to burnish his government’s green credentials ahead of a climate summit to be hosted by President Joe Biden.
Prime Minister Scott Morrison said the money to be spent on building new hydrogen-producing hubs and carbon capture technologies would create more than 2,500 jobs while reducing Australia’s greenhouse gas emissions. “It is essential we position Australia to succeed by investing now in the technologies that will support our industries into the future, with lower emissions energy that can support Australian jobs,” Morrison said in a statement. “We cannot pretend the