QuoteThe projection is that as more renewables are built, the cost of this electricity will drop and the carbon free hydrogen will be competitively priced.
Only in your dreams. You can have a whole field of dreams. And that is all you will have.
If their were any truth to 'build it and they will come' we would have ten thousand members by now. We do not. In America there are many delusions to choose from.
Pick one and you will be fine. But you have to stick to it. If you don't you might see more than you will like.
Competitively priced. How is 'the market' going to do that in a world of diminishing resources and ever more people?
The American system is a system where all decisions are made by piles of money. This means nobody is in charge to set a direction. But never mind that, I just realized a bigger flaw.
In the American system competitively priced hydrogen would have to be done efficiently, and the only way this can be done, if it can be done, is by an entity which builds billion dollar factories. Any plant that produces 'cheap' hydrogen in America can not be a mom and pop operation, or be an operatione owned by the commons. Hydrogen will come from a monopoly supplier, and there will be no market to make the price competitive. We got the Musk. We got the Bezos. We got the Gates. A fucking trifecta.
Who will be the hydrogen billionaire. I can hardly wait.