“While green hydrogen might be more expensive than natural gas in 2022, its cost is continuing to decline as technologies emerge and scale, with global analytics and information company IHS Markit estimating production costs have fallen 40 per cent since 2015 — and will fall a further 40 per cent by 2025. By 2030, researchers at the Australian National University forecast green hydrogen will be cost competitive with fossil fuels, with a production cost of $2 per kilogram,” Andrews says.
“Goldman Sachs predicts green hydrogen has the potential to give rise to a $US11 trillion addressable market globally for the utilities industry alone, and to supply up to 25 per cent of the world’s energy needs by 2050,” he continues. Forrest is an outspoken proponent of green hydrogen and has the money and expertise in his Forest Future Industries group to make things happen on a global scale. He is not someone to lie down and accept the greenwashing lies being told by politicians to an ignorant and gullible public.
yup - exactly - right now there is pretty much no such thing as clean hydrogen and fossils are only interested in it because it will allow them to pretend to care
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