Hydrogen Subsidies

Big Polluters have captured €17 billion in public subsidies for failed carbon capture technology – because fossil fuel lobbyists are setting the agenda

Big Polluters have captured €17 billion in public subsidies for failed carbon capture technology – because fossil fuel lobbyists are setting the agenda

Carbon capture seeks to capture CO2 emissions from sites of pollution and either store them underground or repurpose them. However, CCS has a decades-long history of overpromising and under-delivering, at great expense.3 The ICM Forum has been dominated and steered by the fossil fuel industry, and has shaped EU policy and directed public money towards CCS as a way to lock-in fossil fuels.4 This...

China’s Hydrogen Trailblazer Foshan Parks Fuel-Cell Buses as Costs Mount, Ridership Falls

China’s Hydrogen Trailblazer Foshan Parks Fuel-Cell Buses as Costs Mount, Ridership Falls

(Yicai) Jan. 29 -- Foshan in southern Guangdong province once championed hydrogen energy as a key industry for local development, but today a large number of the city’s hydrogen fuel cell buses are sitting idle, sidelined by high operating costs, dwindling passenger numbers and fewer local subsidies.Yicai reporters saw more than 20 hydrogen buses parked neatly at the Danzao Coach Terminal in...

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