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Andrew Forrest, chairman and founder of FFI
Carbon capture Gas Gorgon LNG FFI
Tom Young
17 June 2022
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Blue hydrogen is ‘greenwashing’ – Forrest

Chairman of FFI says governments should pursue only green hydrogen and pivot away from natural gas as soon as possible

Developing blue hydrogen projects is “greenwashing” and “mind-bogglingly stupid”, according to Andrew Forrest, chairman and founder of Fortescue Future Industries (FFI). FFI is the green energy subsidiary of Australian iron ore miner Fortescue Metals Group, which has earmarked 10pc of net profits to explore green hydrogen projects in Australia, Argentina, Jordan and Papua New Guinea. FFI’s ambition is to grow its green hydrogen production to 15mn t/yr by 2030 and 50mn t/yr by 2040. It has already signed supply deals with German materials manufacturer Covestro and the German government. State policies should pursue only green hydrogen if they want to decarbonise effectively, Forrest told the

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Also in this section
8 Rivers launches 'game-changing' hydrogen production process
26 May 2023
Technology could produce ultra-low carbon hydrogen from natural gas at less than $1/t, US firm tells Hydrogen Economist
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IEA’s Menendez hopeful of hydrogen jump but warns economic case not made
24 May 2023
The agency’s hydrogen expert says the fuel needs to account for 12–13pc of the global energy mix by 2050 to reach net zero, but hurdles remain

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