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Critics say the best argument for blue hydrogen is to “keep the fossil fuel industry in business.”
Industry and governments are eager to embrace hydrogen power. But the plan to do so is “overly optimistic” and based on “unfounded assumptions.”
The unsubstantiated claim has resurfaced in recent months as pressure has grown for the UK to embrace the controversial gas extraction technique.
Campaigners fear the financial sector may be the biggest beneficiary of new quality standards for carbon credits.
As billions in federal funds start flowing to state orphan well programs, a DeSmog investigation raises questions about whether oil-friendly states will put industry interests ahead of the environment.
The bill would have required the state’s two enormous public pension funds to divest from fossil fuels, but it was squashed by a Democrat who has taken money from oil and gas companies.
The extreme weather events afflicting the subcontinent, made more likely by climate change, show the need to wind down oil, gas and coal use as soon as possible, argue Basav Sen and Tejal Mankad from the People vs. Fossil Fuels coalition.
The company is currently seeking an estimated £31.7 billion worth of subsidies from the UK government for a similar project.
The fossil fuel industry, smarting from a string of defeats in Oregon and Washington, is hoping to continue to expand in the face of the climate crisis, but without arousing opposition.
The oil and gas industry’s expansion strategy is now being marketed in the language of Indigenous empowerment and net-zero climate action.
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