Australia as a future partner: When it comes to green hydrogen, it’s worth looking down under

Australia as a future partner
When it comes to green hydrogen, it’s worth looking Down Under

By Andrea Sellmann

Australia may be on the other side of the world, but it is very close to us as a values ​​and economic partner. The resource-rich country is considered a good partner for green hydrogen. How close are we really to Australia?

Australia may be on the other side of the world, but it is still an important trading partner for Germany. In 2022, we traded goods back and forth worth almost 18 billion euros. Down Under is also considered a good partner when it comes to green hydrogen to advance the energy transition in Germany.

Markus Wagner is an expert in international business law, lives in Sydney and keeps a close eye on both countries from there. In the podcast “Wirtschaft Welt & Weit” he talks about the hydrogen agreement between the two countries: “There are targeted efforts by the German federal government to deepen this agreement with the Australian government and to put it on an economically viable footing.” œ, says Wagner in the new podcast episode.

However, the free trade agreement between the European Union and Australia has failed for the time being. Why wasn’t agreement reached? How does Down Under position itself towards the USA, the war in Ukraine and also towards China? How does Australia act in the tension between Washington and Beijing? After all, Australian prosperity is based on decades of exporting raw materials to the Middle Kingdom. Host Andrea Sellmann talks about this with her guests Markus Wagner and Christian Wirth in the new podcast episode.

Christian Wirth is a political scientist and analyzes Australia for the Science and Politics Foundation from Berlin. Markus Wagner is a law professor and expert in international business law at the University of Wollongong in Australia. Among other things, he is researching the question of how trade is used as a weapon.

Economy World & Wide

What does Germany have to do to continue to play an important role in the economic world of tomorrow? Who do we depend on? Which countries benefit from the new world situation? Andrea Sellmann discusses this with relevant experts in the ntv podcast “Wirtschaft Welt & Weit”.

You can find all episodes in the ntv app or wherever podcasts are available: at RTL+ music, Apple Podcasts, Google Podcasts, Spotify, Amazon Music or Deezer. For all other podcast apps you can use the RSS feed.

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