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Energy giants’ lobbying fuels the rise of hydrogen

Energy giants’ lobbying fuels the rise of hydrogen

Shell and BP want the controversial gas in families’ boilers. They’re pushing hard. By John Collingridge

EXTRACTS

Houchen’s campaign has had a distinctly green tinge. He has campaigned on a ticket of clean industrial rebirth in an area ravaged by the closures of steel and chemicals works.

Hydrogen has been at its heart — an element that in just a few years has propelled into the mainstream.

Huge vested interests lie behind the rise of hydrogen: oil giants such as Shell, BP and Norway’s Equinor have staked their futures on natural gas as a less-polluting alternative to oil.

Shell did so in 2015 with its £47 billion takeover of BG, the rump of privatised British Gas. But these bold bets have sourced amid a backlash against fossil fuels of all types, led by the Extinction Rebellion movement…

Now the oil majors hope that by stripping the carbon from their methane to create hydrogen, they can create a market for its remains.

The all-party group on hydrogen is funded by Shell, Cadent, Scotia Gas Networks as well as…

FULL ARTICLE (PAYWALL)

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