Oh wouldn't this be a match made in heaven if the decision gets overturned? Maybe David Breeze should get on the phone to MUFG?
Can't blame a lass for dreaming...Japan’s largest bank will back hydrogen and remains committed to gas
MUFG, one of the largest lenders to energy projects, says carbon capture and storage will help it support LNG and hydrogen while meeting net zero commitments.
EXTRACT
Japan’s largest bank, MUFG, is keen to back the development of a hydrogen industry in Australia and will maintain lending to major LNG projects, which, it says, is compatible with its commitments to net zero as carbon capture and storage technology improves.It is not assessing funding for any Australian projects yet but is advising some Japanese companies on prospects. The focus will be “blue” hydrogen (made with natural gas using CCS) and “green” hydrogen (made with purely renewable energy sources through electrolysis).
“We are talking about a transition here, not the flick of a switch. Technology like blue hydrogen using CCS will be critical in the transition,” Mr Ward said.
https://www.copyright link/companies/financial-services/japan-s-largest-bank-will-back-hydrogen-and-remains-committed-to-gas-20220817-p5bagp
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