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The Times

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
Fortescue has put its ambitious green hydrogen target on hold – but Australia should keep powering aheadzanaputritidur/Shutterstock

Australian 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...

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