Former Queensland Premier Annastacia Palaszczuk speaks during a press conference in Brisbane, Australia, on Dec. 13, 2021. Dan Peled/Getty Images
Former Queensland Labor Premier Annastacia Palaszczuk has admitted that industrial scale “green hydrogen” may not “stack up” economically following the cancellation of Australia’s largest planned project.
On June 29, the state-owned energy company Stanwell announced it would not proceed with the CQ-H2 project, a proposed $14.75 billion (US $9.6 billion) large-scale renewable hydrogen production facility at Aldoga in central Queensland.
