Is Green Hydrogen Being Overhyped? ...Middle East

Economy by : (OILPRICE) -
The global discourse on addressing climate change, energy transition, and investments is currently dominated by the topic of green hydrogen. The media frenzy surrounding the expanding array of projects, subsidy schemes, and international strategies is fueled by the influence of Washington's IRA plans and the EU's energy strategic projects. It appears as if the choice for a post-hydrocarbon world has already been made, with green hydrogen or its derivative, green ammonia, emerging as the favored options. Western parties remain highly optimistic,…

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