In the AFR this morning. Probably explains the devastation to the SP yesterday?
The clean energy incentives in US President Joe Biden’s Inflation Reduction Act will be “devastating” for Australia’s global hydrogen superpower ambitions, warns a major renewable energy investor.Quinbrook Infrastructure Partners Australia reckons the nation should instead concentrate on becoming a green energy miner as the US turns to “friend-shoring” – favouring allies in its supply chains for critical materials – to cut out China.
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