Climate Changed
Hydrogen’s Plunging Price Boosts Role as Climate Solution
- Cost to produce the fuel is seen falling up to 80% by 2030
- Hydrogen burns without producing greenhouse gases or carbon
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The cost of producing hydrogen gas with renewables is likely to plummet in the coming decades, making one of the most radical technologies for reducing greenhouse gases economical.
That’s the conclusion of an analysis by BloombergNEF, which said the most abundant element is likely to play a growing role in reducing pollution from power producers and industry.