Jonathan Gilbert 6/16/2022
(Bloomberg) — An island region famed for its location at the very tip of South America wants to diversify its economy away from fossil fuels to tap the global clean-energy transition.
Argentine province Tierra del Fuego — which translates to land of fire — is trying to lure investments in hydrogen and ammonium, with its base case targeting $6 billion of spending on wind farms and electrolyzers.
“Tierra del Fuego has the potential with its resources to do this,” Governor Gustavo Melella said in an interview on Tuesday. Melella, a former Salesian priest who switched course to politics in the mid-2000s, highlighted the province’s strong Patagonian winds and unique geography since hydrogen…