Hydrogen strategy criticised for relying on fossil fuel gas

The European Commission revealed on Wednesday (8 July) its strategy to high end eco-friendly hydrogen production and introduced the European Clean Hydrogen Alliance to supervise its application. “Hydrogen is a vital missing piece of the puzzle to help us reach this deeper decarbonisation,” stated EU commissioner for energy, Kadri Simson. The proposition develops a three-phase […]

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The Fed’s Coronavirus Spending On Fossil Fuel Could Dig A $19 Billion Money Pit

As the coronavirus pandemic tanked U.S. markets in March, the Federal Reserve began providing straight to business throughout a large range of business sectors by purchasing up business bonds. The $250 billion that Congress licensed the main bank to inject into the bond market assisted lots of otherwise healthy balance sheets weather the unexpected financial […]

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