The Great Green Hydrogen Scam: Why Nobody Really Wants Your "Clean" Fuel
The world is being sold a bill of goods on green hydrogen, a supposedly "clean" fuel that’s supposed to save us from climate change. But the truth is, nobody really wants it. At least, not at the prices being quoted.
Companies and governments around the world are planning to build over 1,600 green hydrogen plants, but the vast majority of them don’t have a single customer lined up to buy the fuel. And even those that do have customers, often have vague, non-binding agreements that can be easily walked away from.
The reason is simple: green hydrogen is expensive. It costs four times as much as hydrogen made from natural gas, and that’s a price that many industries are unwilling to pay. Even the companies that are supposed to be leading the charge on green hydrogen, like Plug Power and Thyssenkrupp Nucera, are struggling to find customers.
And don’t even get me started on the infrastructure needed to transport green hydrogen. It’s like trying to build a pipeline for a product that nobody wants. The supercooling, compressing, and ammonia-making required to transport hydrogen just adds to the cost and complexity of the whole operation.
So, why are governments and companies still pushing ahead with green hydrogen? The answer is simple: they’re being driven by hype and hype alone. The idea of a "clean" fuel that can save the planet is just too appealing to resist, even if it’s not based in reality.
But the truth is, green hydrogen is not the solution to our energy problems. It’s just another example of the kind of wishful thinking that’s been plaguing the energy industry for years. We need to focus on real solutions, like renewable energy and energy efficiency, not pie-in-the-sky schemes like green hydrogen.
The Real Winners: The Consultants and Lobbyists
Of course, there are winners in this game. The consultants and lobbyists who are making a killing off of green hydrogen are the real beneficiaries of this scam. They’re the ones who are getting paid to promote this fantasy, to convince governments and companies to invest in something that’s never going to deliver.
And let’s not forget the CEOs of the companies that are leading the charge on green hydrogen. They’re the ones who are getting paid to talk up this nonsense, to convince investors that green hydrogen is the future. They’re the ones who are making a fortune off of this scam, even if it never delivers.
The Truth About Green Hydrogen
So, what’s the truth about green hydrogen? It’s a scam, plain and simple. It’s a way for consultants and lobbyists to make a quick buck, for CEOs to pad their bank accounts, and for governments to pretend like they’re doing something about climate change.
But the truth is, green hydrogen is not the solution to our energy problems. It’s just another example of the kind of wishful thinking that’s been plaguing the energy industry for years. We need to focus on real solutions, like renewable energy and energy efficiency, not pie-in-the-sky schemes like green hydrogen.
