International pressure continues to ramp up along with overseas demand for green hydrogen. PRL is positioned perfectly when the policy change inevitably comes. This from Saturday:
German ambassador joins calls for Morrison government to take more ambitious climate action
https://www.theguardian.com/australia-news/2021/aug/22/german-ambassador-joins-calls-for-morrison-government-to-take-more-ambitious-climate-action
“...In line with the “accord” signed by Morrison and Merkel, Fitschen indicated Germany was eager to import hydrogen from Australia.
The ambassador signalled, however, that it should be produced from renewable sources – something that is known as “green hydrogen”.
....He said Australia was “extremely well-placed to become a major exporter of green hydrogen” while Germany aimed to be “a leader in the field of hydrogen technology and future importer of vast quantities of green hydrogen to decarbonise our economy”.
The Australian government has previously nominated “clean hydrogen” as a priority low-emissions technology that could eventually help replace fossil fuels in transport, electricity and industrial processes – but has not defined what this would mean in terms of emissions.
...Morrison spoke with the British prime minister, Boris Johnson, on Thursday night, and while they mostly focused on Afghanistan, they also discussed climate policy. The British government issued a statement afterwards saying Johnson had “underlined the importance of global action on climate change” including “setting ambitious targets for reaching net zero and increasing climate financing”...”
Assistance with competitive financing of PRL’s HyEnergy project would be a good start, Prime Minister.
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