Quote:
Originally Posted by Fuzz
Right, so it's an economic bet, not so much the best environmental choice.
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Yes and no. Depends on the timeframe and the data you're looking at, and the specific use cases. I'd definitely agree with your argument for the right now and the use in India where they are at. That is a much different argument though if were talking about beyond 2030/2035 when they plan on transitioning using hydrogen as a carrier. That would absolutely be a good environmental choice
if hydrogen ends up scaling and working as some suggest
The point I'm making is: if they don't invest now, they'll have a much harder time later when it will/may be better for the environment. This investment at current costs is a drop in the bucket and not meant to scale for now while their energy mix/production is challenged. It's a seed to grow the industry so they can be a global player later when they think it is going to be important. Overall, it's too small an investment to change anything in the mix now