Gold Hydrogen, a company based in Brisbane, Australia, has discovered “elevated levels” of natural hydrogen from Australia’s inaugural hydrogen exploration well in South Australia, raising prospects for commercial hydrogen exploitation. This won’t happen, to scale, for a few reasons. Most importantly, there won’t be enough naturally occurring hydrogen in the ground to satisfy the upcoming wave of demand. Multiple forms of carbon-free hydrogen are being pursued but it is important to note that when a new industry emerges so does the opportunity to waste a lot of money through backing the wrong companies. Gold Hydrogen being one of them. When Dr. Andrew Forrest, the founder of Fortescue Future Industries (FFI), a subsidiary of Fortescue Metals Group (FMG), held a keynote…