More than $1bn of Coalition’s climate funding could go to fossil fuel projects, analysis finds

Clean' hydrogen and carbon capture and storage head list of funding pledges since net zero promise

• Australia federal election 2022 LIVE - latest news and updates
• Election 2022 results: live votes tracker and federal seat counts
• Get our free news app; get our morning email briefing

The Coalition has announced more than $1bn in climate funding that could go to fossil fuel developments since setting a target of reaching net zero emissions by 2050 last year, an analysis has found.

The bulk of the funding promised during the election campaign has been to develop clean" hydrogen - a term often used to refer to hydrogen made with gas, a fossil fuel - and carbon capture and storage (CCS), which has had little success to date but oil and gas executives say will need to play a massive role if the world is to slash emissions.

$50m in the budget for a future gas infrastructure investment framework".

$20m for CarbonNet, a project that aims to capture and store carbon dioxide in an offshore reservoir in Gippsland in Victoria.

$66m in the budget for a patent box" tax concession for low emissions technology innovations".

$200m for clean hydrogen and low emissions technology partnerships" with Japan and South Korea.