According to The Australian Financial Review, Federal Energy Minister Chris Bowen says electric planes will be in the skies and a green hydrogen industry will be up and running by the end of the decade, as Australia charts its course to net zero carbon emissions by 2050.
Amid scepticism from some energy experts about whether Australia can meet its 2030 climate targets, Mr Bowen admitted it would be a “challenge” to achieve 43 per cent emissions reduction over the next seven years.
Mr Bowen said he was confident green hydrogen would be a viable option by 2030. “The economics of green hydrogen are very promising. It’s only 2023, but we are talking about creating a new industry from scratch.
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