Of course it did!
This is becoming a pattern for gas cartelier Origin Energy:
Origin Energy is abandoning its ambitious plans to develop hydrogen in the country’s industrial heartland in another blow to the Albanese government’s dreams for the energy source to help drive the transition to net zero.
The group said on Thursday that the decision to exit the proposed Hunter Valley Hydrogen Hub project reflected uncertainty around the “pace and timing of development of the hydrogen market” and the risks associated with developing capital-intensive projects of this nature.
It comes after billionaire Andrew Forrest earlier this year cancelled his own green hydrogen targets in a major business backdown that resulted in the loss of 700 jobs at his flagship company Fortescue.
Origin also recently committed to taking all of the proposed LNG import volumes from Viva Energy’s SA regasification plant before mysteriously backing out and killing the project.
What is consistent about the LNG and hydrogen withdrawals is that both would have helped offset the power of the East Coast gas cartel has they gone ahead.
Neither, therefore, made any sense for cartelier ORG, so one has to ask why it was involved at all.
It couldn’t be that the gas cartel cavaliers are galloping around the eastern states sabotaging alternative energy sources could it? Damn right.
Stand by for a furious defense of this latest attack on Aussie energy and industry from the Origin sponsored Grattan Institute.
