#HydrogenLadder

Sorry - this is not true.

Nope.

#hydrogen #industrialpolicy

LNG is about €1.50/kg-eq

#hydrogen #hydrogencost

If you are worried about cost/subsidisation/timescales (as some seem to be; despite gas bills being probably something of a non-issue to them personally); then why not think about fossil fuel subsidies which are €56-110bn per year - or climate change which will cost 30% of GDP at 3°C of warming..

..and that 3°C could occur by mid-century (!) according to Swiss Re (they kind of need to be accurate in the insurance market)

Serious stuff!

NGFS: 30% GDP loss at 3°C guaranteed..

Not sure if batteries and biofuels alone are going to safely ensure this outcome won't be achieved

And if you are worried about subsidies (as Michael Liebreich so obviously is) then why not think about the €56-110bn in subsidies that go to fossil fuels in the EU each year; of which 67% goes directly to shareholders

Then, factor in the 30% GDP loss that the NGFS now say is guaranteed at 3°C..

He is an anti-hydrogen lobbyist: plain and simple. Batteries and biofuels are not going to bring the world to net zero; this is pure illusion

By blocking hydrogen, he maintains upstream fossil fuel investment and ensures that collapse is guaranteed as the world hurtles past 3°C in 20 or 30 years..

The world is not decarbonising, and lobbying against technologies like #hydrogen is not helping

Societal collapse is defacto the course we are on, and after this occurs no genuine energy transition will be possible..
www.breakthroughonline.org.au/collisioncou...

Swiss Re: 3.2°C by 2050 very much a possibility.

That means *50 years early*

Essentially, most people arguing against hydrogen are arguing for a failed transition and a continuation of the status quo - 78.5% fossil fuels (emissions have not yet started reducing)

This leads to defacto societal collapse soon after mid-century, with no remediation possible as money dries up

Clue: the entire EU gas network is converting to #hydrogen / decarbonised gas by law, as per 3,500 gas and electricity utilities

Here are 31 reports explaining that for heating, no other seasonal storage is possible and the electric grid is 10x the cost of upgrading the existing gas network

Electrolysis: manufacturing capacity roll-out occuring far faster than solar or wind

Pipelines are far faster to build than electricity infrastructure, and typically costs a tenth of that of overhead cables per unit of energy. There is no contest between the two when you realise that the entire EU gas grid is switching to hydrogen by law

Electrolyser manufacturing capacity has far exceeded expectations

Trying to undermine a speedy adoption of hydrogen means only that you are lobbying for the status quo; batteries and biofuels will not work for the vast majority of uses

#hydrogen