Andrew Forrest, chairman and founder of FFI
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
Also in this section
27 March 2025
Awards celebrate global innovation, leadership and achievement across the energy sector’s people, projects, technologies and companies.
27 March 2025
Region has all the ingredients to become a green hydrogen powerhouse but faces plenty of barriers and stiff competition
21 March 2025
European Hydrogen Bank auction is four times oversubscribed, while industry remains on pause in US amid IRA subsidy uncertainty
21 March 2025
The country is engaging with potential investors from North America and China as it refines its auction process to reflect shifting dynamics in green hydrogen, Hydrom’s managing director tells Hydrogen Economist
