Comment on The rich oppose clean energy because it is renewable. If clean energy became non renewable, or fossil fuels became renewable, they would no longer oppose a transition to clean energy technology

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slazer2au@lemmy.world ⁨8⁩ ⁨hours⁩ ago

Because it’s cheaper to pull it from fossil fuels.

At present, approximately 96% of global hydrogen production relies on fossil fuels, contributing to substantial emissions, while only 4% comes from water electrolysis. Green hydrogen, produced via electrolysis with 55–80% efficiency, remains expensive at $2.28–7.39/kg, compared to grey hydrogen at $0.67–1.31/kg, which generates 8.5 kg CO₂ per kg of hydrogen production.

www.sciencedirect.com/…/S0360319925000382

If you were Shell or BP would you spend billions developing new production facilities to split Hydrogen off stuff or use your existing multibillion euro fossil fuel production facilities?

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