Monday, October 16, 2023

“In reality, they amount to another corporate scam"

"The US Department of Energy has selected seven projects for a $7bn program to launch the development and production of hydrogen fuel, the White House announced on Friday.

The Biden administration says the program will constitute a major boost to the country’s nascent clean hydrogen industry, helping it achieve its climate goals. But many climate advocates are skeptical that it will actually help reduce emissions.

Unlike coal, oil and gas, when burned, hydrogen does not produce greenhouse gas emissions. It can be produced using carbon-free energy, but roughly 96% of it is currently derived from planet-heating fossil fuels – something the Biden administration hopes to change.

“With this historic investment, the Biden-Harris administration is laying the foundation for a new, American-led industry that will propel the global clean energy transition,” said Jennifer Granholm, the secretary of energy, in a statement."
Continue reading the article online (subscription maybe required) 

A 2021 Toyota Prius that runs on a hydrogen fuel cell on display at the Denver auto show on 17 September 2021. Photograph: David Zalubowski/AP
A 2021 Toyota Prius that runs on a hydrogen fuel cell on display at the Denver auto show on 17 September 2021. Photograph: David Zalubowski/AP

No comments:

Post a Comment