Govt pumps $300m into hydrogen projects | Sky News Australia

4/05/2020 2:01:00 AM

The Morrison Government has established a $300 million fund to help finance Australian hydrogen energy projects.

The Morrison Government has established a $300 million fund to help finance Australian hydrogen energy projects.

The Morrison Government has established a $300 million fund to help finance Australian hydrogen energy projects.\n\nThe Advancing Hydrogen Fund is set to focus on growing a clean, innovative and competitive hydrogen industry in Australia.\n\nThe fund will back projects that align with the priorities under the National Hydrogen Strategy such as developing export and domestic supply chains, establishing hydrogen hubs and projects that build domestic demand for the energy source.

Govt pumps $300m into hydrogen projects 04/05/2020 | 1min The Morrison Government has established a $300 million fund to help finance Australian hydrogen energy projects.Govt admits COVIDSafe app not fully operational until next week 02/05/2020 | 1min More than four million Australians have now downloaded the federal government's cornavirus tracing app, but health authorities say they still do not have access to its data.One third of Australian workforce propped up by govt subsidies 03/05/2020 | 2min More than one-third of the Australian workforce is currently receiving government wage subsidies, Sky News Political Editor Andrew Clennell says.Shift from China supply chain 'inevitable' for Australia 03/05/2020 | 1min The government says a shift away from Chinese manufacturing is inevitable as Australia begins to recover from the coronavirus pandemic.

The Advancing Hydrogen Fund is set to focus on growing a clean, innovative and competitive hydrogen industry in Australia.The fund will back projects that align with the priorities under the National Hydrogen Strategy such as developing export and domestic supply chains, establishing hydrogen hubs and projects that build domestic demand for the energy source.An extra half-a-million people have responded to the Prime Minister's call in the past 24 hours, but the platform will not be fully operational until next week.Favourite.Mr Clennell said the Treasurer will use the address to stress the temporary nature of the program.

Read more:
Sky News Australia »
Loading news...
Failed to load news.

Awesome!!! AngusTaylorMP Since the CEFC is funding this, does it only apply to green hydrogen? auspol renewables hydrogen AngusTaylorMP Sic - we have found another way to allow overseas multinationals to drain our economy Was there anything said about only 100% owned and operated Australian companies being given access to the funds 🤔

AngusTaylorMP Interesting! Japan will happily buy AUD 1Trillion worth of Hydrogen from Australia. It does not matter if you understand that...........just remember........'The customer, is always right'. What has dihydride monoxide got to do with the manufacture of establishment of hydrogen as an energy source? I thought at least somebody understood the difference between water and hydrogen plus hydrogen as electricity source ...time to do some basic homework.

Great idea ... But in the meantime, how about a new/rejuvenated clean coal generator... We need to, at least, halve power costs IF we are to resume international competition & local life style. Scott_morrisonMP Great initiative! Nuclear is the future

Govt admits COVIDSafe app not fully operational until next week | Sky News AustraliaMore than four million Australians have now downloaded the federal government's cornavirus tracing app, but health authorities say they still do not have access to its data. \n\nThe Prime Minister has called on the public to embrace COVIDSafe, hailing it the key to unwinding lockdown restrictions earlier than planned. \n\nAn extra half-a-million people have responded to the Prime Minister's call in the past 24 hours, but the platform will not be fully operational until next week. \n\nImage: Getty They need the numbers before they can change the privacy ACT 1988 in the constitution the law of freedom will have to be changed by the anti liberal government morrison .Note if there is no problem with privacy why are they changing the privacy ACT 1988 . AnthonyCole68 It doesn't work and it's not legislated FFS Eh? The app is released, but not functional? But it's secure, right? It's ok, don't worry, everything is alright.

One third of Australian workforce propped up by govt subsidies | Sky News AustraliaMore than one-third of the Australian workforce is currently receiving government wage subsidies, Sky News Political Editor Andrew Clennell says. \n\nTreasurer Josh Frydenberg is set to address the National Press Club on Tuesday, where he will outline the impact the policy has on more than 4.4 million workers. \n\nMr Clennell said the Treasurer will use the address to stress the temporary nature of the program. \n\n“It is expected he will stress that the measure is for six months and six months only,” Mr Clennell said. \n\n'Overall there have been 749,000 applications, of which 40 per cent are from sole traders and 39 per cent are from companies. \n\n'Perhaps surprisingly, 14 per cent of workers covered are from construction, 15 per cent are from professional scientific and technical services and 14 per cent, as you would expect, are from retail and accommodation and food services.”\n\nIt's on top of the 800,000 people who have applied for the JobSeeker payment since the lockdowns were put in place. \n aclennell Winners & Losers {US data} aclennell Incorrect as business owners have paid employees on JobKeeper for 5 weeks out of their own funds. Money that is still yet to be paid to the employers. No subsidy has so far been repaid to employers. Nice try though. aclennell Don't believe mass media statistics.

Shift from China supply chain 'inevitable' for Australia | Sky News AustraliaThe government says a shift away from Chinese manufacturing is inevitable as Australia begins to recover from the coronavirus pandemic.\n\nIndustry Minister Karen Andrews said the COVID-19 crisis has given Australia the chance to boost its manufacturing sector which will increase sovereign capabilities and help the economy recover.\n\nAustralia could soon begin making high tech devices, medical supplies, pharmaceuticals and food products as the nation begins to shift away from Chinese supply chains.\n This may be a big boost for India. ChinaLiedAndPeopleDied Awesome

Australia about to experience a 'very sharp, strong recession' | Sky News AustraliaAustralia is about to find out 'what it is like to have a proper recession,' according to InvestSMART chief economist Evan Lucas.\n\nAustralia's domestic market slumped five per cent on Friday to finish the session at 5,245.90 points.\n\nMr Lucas said the sharp-sell off is a sign the strong results on the ASX in April was a 'false dawn.'\n\n'What we normally see in stereotypical bear markets, which I think we are absolutely in, we see bull runs,' he said.\n\n'I think May will basically tell you what is likely to happen with regards to the overall economic impacts finally coming through to earnings.\n\n'Bank earnings are telling us this is going to be a very, very sharp strong recession and very much something we haven't actually ever experienced in Australia.\n\n'We got through the (2008) GFC much better than most other nations and I think we are about to find out exactly what it is like to have a proper recession.'\n InvestSMART_AU EvanLucas_INV Enough with your sensational fake news. InvestSMART_AU EvanLucas_INV Try 'depression'. And don't blame it on some boogeyman 'virus' aka exosomes. Blame it on treasonous, parasitic-politicians and their central banking paymasters. Plandemic Scamdemic Event201 ControlledEconomicDemolition GovernmentIsTheVirus Agenda2030 InvestSMART_AU EvanLucas_INV Looks like the tax breaks for billionaires and conglomerates was an unmitigated disaster.

NZ Warriors allowed to fly into Australia | Sky News AustraliaThe New Zealand Warriors will arrive in Tamworth in NSW tomorrow after the club received approval to fly to Australia to play NRL. \n\nThe team will enter 14 days in isolation, where they will be permitted to train before the Telstra premiership recommences on May 28. \n\n'The club will follow the strictest bio security protocols and, like all clubs, will participate in an education day about the protocols on Monday morning,” NRL Chairman Peter V'Landys said. What does Chris Kenny say about this? I feel empty without the footy on the weekend. Bring it back. SeanBradbery Wait till the NRL looks back and says, shit I never saw this coming. Sadly, nobody will be held accountable for the pain and grief they will have caused. How dumb are humans?!

'Blaming China' has become a 'part' of the 2020 US election campaign | Sky News AustraliaContributing Editor of the Black Agenda Report Danny Haiphong says the United States has made “blaming China a part of the election campaign of 2020”.\n\n“Both Donald Trump and Joe Biden are trading anti-China sentiments and positions in order to leverage political capital and convince the public that they are more anti-China,” he said. \n\nUS President Donald Trump said yesterday he’s seen evidence the Wuhan Institute of Virology is the origin of COVID-19, not a wet market in the Chinese city.\n\nTrump also said China either tried to contain the virus and failed, or they deliberately let it spread across the world.\n\nImage: AP ChinaLiedPeopleDied ............ 60 page manuscripts of talking points for the GOP on how to divert blame from Trump to China. Good