Hydrogen gets the thumps up from Bill Shorten

Opposition leader Bill Shorten has announced a $1 billion plan to boost Australia's renewable energy industry.

Labor wants to make Gladstone the hydrogen capital of Australia. (AAP) Source: AAP

The funding would go to the Clean Energy Finance Corporation to support clean hydrogen development.

Hydrogen produces water vapour and heat when burned, and is close to a zero-emissions fuel when produced from water using renewable electricity.