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re: Stated at CERAWeek: Hydrogen adoption will cost Europe, US more than $1 trillion
Posted on 3/18/24 at 1:42 pm to lowhound
Posted on 3/18/24 at 1:42 pm to lowhound
quote:
Green energy lobby trying to stymie a potentially good source of cheap green energy.
Green energy is trying to make O&G more expensive so they can compete. These alternative energy sources do not become economically viable until O&G becomes more expensive.
And the on the CCS front, the O&G industry played the climate change nuts. The O&G industry got the climate change nuts to lobby on their behalf lowering the cost basis of industry using O&G if they can sequester their emissions and take advantage of the tax credits (from the Inflation Reduction Act Biden signed).
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