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Isn’t that effectively what they call “blue hydrogen”[0]? All oil companies seem very slow in deploying that; there is no question that it is much more expensiv
by espadrine 3y ago
Isn’t that effectively what they call “blue hydrogen”[0]? All oil companies seem very slow in deploying that; there is no question that it is much more expensive than just releasing the CO₂ in the air.
[0]: https://corporate.exxonmobil.com/what-we-do/delivering-industrial-solutions/carbon-capture-and-storage/carbon-capture-and-storage-baytown-blue-hydrogen-video https://corporate.exxonmobil.com/what-we-do/delivering-indus...
- londons_explore 3y agoI think oil+gas companies are currently just waiting for the right moment to deploy it. Blue hydrogen only makes sense with global carbon caps, taxes or quotas. And it only makes sense if CO2 injected underground doesn't count towards that cap/tax/quota. So far, there is no political appetite for global taxes/caps/quotas, so blue hydrogen is only at pilot-plant scale.