Hydrogen Subsidies
A slide from a presentation on Japan's hydrogen strategy at the Connecting Green Hydrogen MENA conference in Dubai.Photo: Polly Martin/Hydrogen Insight Source link...
Executive Summary The global steel industry is responsible for 11 percent of global greenhouse gas emissions due to its reliance on coal. Companies and countries worldwide are investing private and public funds to clean up the steel industry. LeadIT’s Green Steel Tracker has documented 89 decarbonization announcements in the steel industry as of...
The 45V credits became a cause célèbre in 2023 and a subject of enormous interest, partly due to the high stakes directly linked to the hydrogen industry—it’s a lot of money and a lot of emissions on the table—and partly because its implications surpass hydrogen. The debate muddled together several high-stakes policy questions that are fundamental to the clean energy transition—including...
Japan is now making a renewed push for the development of its hydrogen/ammonia economy, with the country targeting consumption of 20 million tons per year by 2050. With the goal of hydrogen and ammonia making up 1% of the country’s primary energy mix by 2030, there is now heightened attention on Japanese energy policy and regulatory change with key market-players watching closely for...
And thanks to proposed rules from the administration, that output may actually be low-emissions. After a year of fierce lobbying from various industry factions, environmentalists and fossil fuel companies about how the government should define “clean hydrogen,” the Biden administration in December proposed strict stipulations that experts agree will incentivize the production of genuinely...