CANBERRA, Australia (AP) — Australia’s prime minister has proposed spending an extra $417 million on hydrogen and carbon sequestration projects, seeking to burnish his government’s green credentials ahead of a climate summit to be hosted by President Joe Biden. Prime Minister Scott Morrison says the money spent on building new hydrogen-producing hubs and carbon capture technologies would create more than 2,500 jobs while reducing Australia’s greenhouse gas emissions. The spending requires Parliament’s approval. Biden is expected to pledge to cut U.S. greenhouse gas emissions at least in half by 2030 as he convenes a virtual climate summit on Thursday with 40 world leaders.
