Mining billionaire spearheads green hydrogen push

Australian mining billionaire Andrew Forrest on Thursday launched a green hydrogen organization, GH2, in a push to speed up development of the clean fuel to help curb global warming. GH2’s goal is to ensure that by 2050 a quarter of the world’s energy comes from green hydrogen, which is extracted from water with electrolysis, an energy-intensive but carbon-free process if powered by renewable electricity, as reported by Bloomberg.