Sonali Paul writes for Reuters on BP’s green hydrogen and ammonia plans in Australia.
- A study conducted by BP and supported by the Australian Renewable Energy Agency found that production of a green hydrogen and ammonia plant in Australia is technically feasible.
- The plant would be able to produce up to 1 million tons of green hydrogen and ammonia per year if it were built.
- While BP has not announced whether or not it will build this facility, the company is planning to invest $5 billion per year on low-carbon investments in an effort to reduce its emissions.
Read the full article here.