In a major boost for the development of clean energy technology, Japan and Australia have signed a hydrogen agreement, paving the way for cooperation in the production and use of hydrogen as a fuel source.
The agreement, which was signed on Tuesday, November 17, 2020, by Japanese Prime Minister Yoshihide Suga and Australian Prime Minister Scott Morrison, is part of a broader push towards reducing global greenhouse gas emissions and combating climate change.
Under the agreement, the two countries will work together on a range of initiatives relating to hydrogen production, including the development of hydrogen supply chains and the establishment of a cooperative framework for joint research and development in the field of hydrogen energy.
In addition, the agreement includes a commitment by both countries to promote the use of hydrogen as a fuel source for transportation and other applications, with a particular focus on the use of hydrogen-powered fuel cell vehicles.
Hydrogen is considered a clean and renewable energy source, as it produces no emissions when burned and can be produced using renewable energy sources such as solar and wind power. It has the potential to replace fossil fuels in a wide range of applications, including transportation, industry, and heating and cooling.
Japan is one of the world`s leading hydrogen producers, with a focus on using the gas for transportation and power generation. Australia, meanwhile, is one of the world`s largest producers of hydrogen, with vast reserves of natural gas that can be used to produce hydrogen through a process known as steam methane reforming.
The hydrogen agreement between Japan and Australia is expected to have significant implications for the global energy market, as it could lead to the development of a new, low-emission energy source that is both sustainable and cost-effective.
Overall, the agreement represents a major step forward in the push towards a cleaner and more sustainable world, and demonstrates the willingness of countries to work together to tackle one of the greatest challenges of our time.