Joe Biden announces a $7bn investment in hydrogen hubs to combat climate change and create jobsUS President Joe Biden is unveiling a $7bn investment in hydrogen hubs to combat climate change. So why are environmental groups sceptical?
Hydrogen has a lot of green potential. When burned, it does not release the greenhouse gases that are warming the planet. Lauren Pagel, policy director at the non-profit Earthworks, told AFP this initiative "is more about extending the life of oil and gas companies than addressing the climate crisis".
But that is much more expensive than using natural gas - as much as two or three times as costly - so the industry is reluctant to do it. The idea is that this keeps the gases from reaching the atmosphere and from adding to the climate problem.
Source: News Formal (newsformal.com)
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