In the hydrogen battlefield, Europe tries to stay ahead of China – POLITICO

Date:

And now, European businesses are terrified that China may apply the same principle and practices to green hydrogen, eventually coming to dominate yet another clean tech market. So, this time, they’re calling on Brussels to impose “Made in Europe” requirements to block Beijing — and they’re looking to Japan for help.

Green hydrogen is made by splitting hydrogen atoms from oxygen in water and, crucially, it doesn’t emit carbon dioxide. It’s been hailed as the future of clean energy and could potentially transform heavy polluting industries, such as steelmaking and aviation. And as the first country to unveil a national hydrogen gas strategy back in 2017, who better to bank on to help build this yet nascent industry than tech giant and strategic partner Japan?

Europe has set a target to achieve net zero emissions by 2050, and by then, both the EU and Japan will be major importers of hydrogen. China and the U.S.,…

Read more…

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Tampa RV giant Lazydays to delist from Nasdaq

Tampa-based Lazydays Holdings Inc., one of Florida’s most recognized...

Granite Geek: New Hampshire might get access to ‘balcony solar’

I had solar panels put on my roof six...

TSX Today: What to Watch for in Stocks on Monday, November 10

Despite firm gold and silver prices, Canadian stocks...

While BNB and DOT Struggle Under Market Pressure, BlockDAG’s Presale Soars Past $435M!

As market-wide fear grips the sector, the Binance Coin...