Hydrogen hype is no substitute for common sense energy policy
We shouldn’t pretend green hydrogen is the future just because Europe is wasting billions on it. Department of Energy Secretary Wright said concerning hydrogen, “it’s time to look at the facts.” Facts don’t favor green hydrogen, which is why the DOE will examine “co-financing, offtake agreements and good engineering” in deciding whether to continue spending $7 billion on hydrogen hubs. Let’s start with the basics: today, 99% of hydrogen is produced from fossil fuels, and more specifically natural gas and coal. Green hydrogen is less than 1% of our energy use, and it ...