Tasmania will invest A$50 million ($33 million) to build a renewable hydrogen industry, as the island state plots a course to commercial exports of the clean fuel by 2030. Australia’s smallest state seeks to benefit from its abundance of hydropower generation and the falling cost of large-scale production from renewables to make emissions-free hydrogen for export to Asia. Hydrogen projects are being mooted around Australia, with a 2018 government report estimating that the industry could be worth more than $1 billion to the economy annually by 2030. Explore dynamic updates of the earth’s key data points Open the Data Dash Close More From Bloomberg Green Germany’s Ice Wine Might Become a Rarity Amid Global Warming BMW Bets on New EV to Reclaim Crown in Entry-Level Luxury Sedans U.K.’s Wettest-Ever February Is Turning Farm Fields Into Lakes VW Takes Push Into Electric Cars Global […]