Whilst this program is very good because it is based upon the carbon intensity of the production of hydrogen, (unlike the Labor party's electrolysis only approach), it still fails to cater for carbon negative processes like Hazer processing bio gas. There will be absolutely no credit given for the negative component of this! But all may not be lost as it might be possible to blend natural gas with the bio gas, thereby offsetting the carbon emissions associated with the natural gas by the carbon sequestration of the bio gas, and adjust the ratio so as to exactly achieve the level required for the maximum subsidy.
If this works, then there will be plenty of projects actively seeking out bio gas to incorporate into their projects.
HZR Price at posting:
66.5¢ Sentiment: Buy Disclosure: Held
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