Fortescue has put its ambitious green hydrogen target on hold – but Australia should keep powering ahead
- Written by: Kylie Turner, System Lead, Sustainable Economies, Climateworks Centre
zanaputritidur/ShutterstockAustralian mining and energy giant Fortescue announced late on Wednesday that its ambitious green energy goal – to produce 15 million tonnes of renewable hydrogen annually by 2030 – will be placed on hold.
As part of a broader restructure, the company will also merge its mining and energy divisions, and slash...