SYDNEY -- Australia's Queensland state government said on Monday it will halt further investment in a hydrogen project that includes Japanese trading house Marubeni, amid mounting headwinds against renewable energy worldwide.
Australian state's new government reduces focus on decarbonization efforts

Iwatani is one of several Japanese companies involved in hydrogen projects in Australia. © AAP
SYDNEY -- Australia's Queensland state government said on Monday it will halt further investment in a hydrogen project that includes Japanese trading house Marubeni, amid mounting headwinds against renewable energy worldwide.