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
6 January 2026
Shifts in government policy and rising power demand will shape the clean hydrogen sector as it attempts to gain momentum following a sluggish performance in 2025
23 December 2025
Government backing and inflow of private capital point to breakthrough year for rising star of the country’s clean energy sector
19 December 2025
The hydrogen industry faces an important choice: coordinated co-evolution or patched-together piecemeal development. The way forward is integrated co-evolution, and freight corridors are a good example
10 December 2025
Project developer Meld Energy ready to accelerate 100MW project in Humber region after securing investment from energy transition arm of private equity firm Schroders Capital
