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Navigating energy transition: achieving goal congruence amidst oil companies' green commitments : Comments
By Vince Hooper, published 18/8/2023Governments are motivated by environmental concerns, pushing oil companies to align with global climate goals.
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Another furphy I suspect is green hydrogen. Oil majors probably think it's too expensive and inefficient but governments are throwing big money around. Notice that there is not a single green hydrogen project anywhere that doesn't need generous subsidies. Nonetheless green hydrogen appears in advertising. The con is use our fossil fuel product with a clear conscience since it will all be done with hydrogen one day. That day seems a long time coming.