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Despite the Fortescue announcement, the Albanese government confirms the clean energy plan is on track

The coalition claims that Twiggy Forrest's revelation of job losses impacting his large-scale green hydrogen project demonstrates the shortcomings of the government's energy strategy.

The coalition claims that Twiggy Forrest’s revelation of job losses impacting his large-scale green hydrogen project demonstrates the shortcomings of the government’s energy strategy.

Even though Andrew Forrest, a mining tycoon, faces a significant setback in his pursuit of green energy, the prime minister claims that his government’s clean energy initiative is “on track.”

However, the opposition said that the government’s renewables plan was a “super-flop” in light of the fact that Mr. Forrest’s business, Fortescue Mining, was reorganizing its mining and energy divisions, which would directly affect its aspirations for green hydrogen.

Though some think Wednesday’s statement implies Fortescue’s objective of creating 15 million tons of green hydrogen annually by 2030 is unlikely to be realized, the company has its eyes set on providing affordable renewable energy at scale.

While visiting northern Queensland on Thursday, Anthony Albanese stated he was not concerned by the Fortescue statement.

“Our energy plan is on track,” he told reporters in the outback town of Winton.”

“We want to make sure that we deliver the clean energy that Australia needs and that when coal-fired power stations close, as they’ve announced their closure, there isn’t a gap in the energy security that Australia needs.”

“That’s why we need a real plan that’s fully costed, and that’s being rolled out with the certainty being provided for investment.”

Fortescue stated that it remained “resolute in its commitment to be the world’s leading green technology, energy, and metals company with a laser focus on achieving Real Zero by 2030.”

However, the Fortescue decision demonstrated that “Labor’s ‘green hydrogen superpower’ vision is quickly turning into a ‘super-flop,'” said opposition energy spokesperson Ted O’Brien.

“Twiggy’s abandonment of green hydrogen has blown a gaping hole in the Albanese Labor government’s energy plans,” Mr. O’Brien said.

“The collapse of this project is symptomatic of Labor’s failing all-eggs-in-one-basket ‘renewables only’ plan, which is eating away at Australia’s energy future.”

“Despite offering billions in taxpayer funds, these projects are still failing to get off the ground.”

According to Mr. O’Brien, the Coalition is approaching energy from a “sensible technology agnostic approach,” which includes its contentious nuclear reactor policy and hydrogen.

- Published By Team Australia News

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