Posted by: Windfair Editors
BNEF Predicts Bright Future for Green Hydrogen
Official Press Release BNEF:
‘Hydrogen Economy’ Offers Promising Path to Decarbonization
Use of clean hydrogen can help address the toughest third of global greenhouse gas emissions by 2050, but only if net-zero emission goals and policies are set
The falling cost of making hydrogen from wind and solar power offers a promising route to cutting emissions in some of the most fossil fuel dependent sectors of the economy, such as steel, heavy-duty vehicles, shipping and cement. Hydrogen Economy Outlook, a new and independent global study from research firm BloombergNEF (BNEF), finds that clean hydrogen could be deployed in the decades to come to cut up to 34% of global greenhouse gas emissions from fossil fuels and industry – at a manageable cost. However, this will only be possible if policies are put in place to help scale up technology, and... ... More: Official Press Release BNEF
- Keywords:
- BNEF, hydrogen, green, wind, solar, storage, emissions, net-zero, carbon, reduction, clean, study