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The Politics Of War • US Treasury putting lid on green hydrogen plans,

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https://www.forbes.com/sites/davidblack ... fc3a5d37e0

So US regulators in a draft ruling want to ensure green hydrogen only uses wind and solar (hourly matching) , not a mix of wind and solar and fossil fuels that balance out to zero.

But its hard to spend a big chunk of capital on a new plants that only work sometimes, which of course, is how wind and solar works, sometimes. Proponents, including  Australia's most sanctimonious billionaire who wants to build a green hydrogen plant in Arizona, complain that “hourly matching” will scupper most green hydrogen proposals.

That is to say, they really want to be subsidised by the US taxpayer to make green hydrogen from gas and coal, topped up by solar and wind.

PS, if you thought US taxpayer funds were for US citizens, then think again. The $400B IRA has hordes of offshore hucksters buzzing about like flies on rotten meat.

statistics: Posted by NewGolconda10:59 PM - 1 day ago — Replies 8 — Views 101



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