Australia and South Korea Strengthen Hydrogen and Carbon Capture Co-operation

                       

Australia and South Korea have formally signed a new bilateral agreement to strengthen climate and energy co-operation, paving the way for the expansion of clean energy industry and trade opportunities. The Green Economy Partnership Arrangement (Green EPA), signed on 20 December, aims to diversify the clean energy supply chain, enhance hydrogen systems and advance carbon […]

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Australia Introduces Renewable Hydrogen Production Tax Credit Bill

                       

The Australian Government has introduced the Australian Future Manufacturing (Production Tax Credits and Other Measures) Bill 2024. The Bill will establish the Hydrogen Production Tax Incentive (HPTI). The HPTI is designed to: bring forward project development bring renewable hydrogen into use faster Scale up to reduce production costs. The HPTI will be paid in the […]

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