RESUMO
The world faces immense pressure regarding the negative impacts of increased greenhouse gas emissions, climate change, global warming, droughts, and many other environmental problems. Australia is also facing the same issues and requires urgent attention. In this research, we have examined the effect of hydrogen firms on Australia's greenhouse gas emissions. We employed the monthly data from January 2002 to December 2021 for econometric estimations. Through quantile regression, it is noted that the expansion of hydrogen firms contributes to environmental pollution instead of controlling the emissions. Most hydrogen energy still emits carbon dioxide, which contributes to climate change. Around the world, carbon-containing fossil fuels produce more than 95% of hydrogen energy. However, as a policy suggestion, it is recommended that green hydrogen produced by electrolysis of water using renewable energy sources will succeed in achieving the Sustainable Development Goals (SDGs).
