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> Combine that with minimum green hydrogen mix regulations that set a glide path to 100% green hydrogen and you're done. This is only "done" in the sense that
by WJW 5y ago
> Combine that with minimum green hydrogen mix regulations that set a glide path to 100% green hydrogen and you're done.
This is only "done" in the sense that you are now moving in the right direction. It might still take several decades to actually complete the transition. New green hydrogen plants don't just pop up out of the ground as soon as the incentives are right, they take billions of investment and years of labor to construct.
(Also, I don't think banning blue hydrogen and taxing grey hydrogen is something that can be done "simply". That in itself will probably take a decade to move through the slow-moving gears of government and even then there are other countries like OPEC that would not necessarily follow suit)
- ZeroGravitas 5y agoThose political processes aren't randomly slow. Someone paid a lot of money to slow them down. But my point was that the market for paying off politicians is shifting. The Australian ex-PM who repealed a carbon tax is now speaking out against blue hydrogen, because he has a stake in a green hydrogen venture. The game now is to profit from the inevitable policy response and leave governments and slow responding pension funds to carry the can for the costs of fossil fuel cleanup.