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Green hydrogen, no panacea: Deep dive

Tractebel/Recharge News

Green hydrogen, produced with electrolysers to separate hydrogen from water, uses clean energy as a power source.  Green hydrogen will not be with cost competitive with grey hydrogen for some time, perhaps not until 2030.  Grey hydrogen, derived from steam reformation of natural gas, represents 98 percent of global hydrogen consumption, and is primarily used for industrial processes.  To replace grey hydrogen with green hydrogen would require a doubling of global electricity generation with primarily solar and wind sources, pre-empting the use of renewables for electrical power.  This would necessitate more use of natural gas for power production.  And there are extraordinary inefficiencies and technological challenges for green hydrogen, while there is no shortage of affordable and efficient clean technologies alternatives.  Nevertheless, US$30 billion has been committed to-date for green hydrogen through government stimulus packages.  Is green hydrogen a fossil fuel industry trojan horse for gas derived hydrogen and the use of gas for electrical power?

Green economy: Financial sector zigzags

BlackRock, the world’s largest investment firm, has indicated that those that don’t tackle climate change will lose money in 5 years. Some financial institutions have made multi-trillion commitments from now to 2030 to invest in the green economy while still focusing the majority of investments in fossil fuels. Canadian banks are among the global top fossil fuel investors.

Canada’s new plastics strategy falls far short of expectations

On a global scale, less than 10 percent of plastics are recycled.  Plastics are ubiquitous, meaning regulating its use is especially complex.  While Canada has only banned a half dozen of single-use plastics, the European Union and China are engaged in a holistic multi-year incremental approach to manage plastic production, distribution, consumption, recycling, disposal and substitution. Accordingly, the actions of these latter jurisdictions will influence global innovation and standards. By comparison, Canada’s plastic initiatives are symbolic greenwashing.

Fossil fuel methane climate emergency: Solutions

Updated March 13, 2022

Methane emissions are underrated at one third of global warming gases, largely because fossil fuel sector methane emissions are underestimated by 70 percent.  Current data indicates the energy sector accounts for 40 percent of man-made methane.  Consequently, the COP26 non-binding pledges of over 100 nations for a 30 percent reduction by 2030 are not only dreadfully inadequate, but also, without standardized measuring, reporting and verification standards, oil and gas industry methane greenwashing is rampant.  The draft European Union (EU) plan to reduce methane emissions up to 80 percent by 2030 and establish transparent extraterritorial norms will be complimented by an accelerated transition to clean energy independence to reduce reliance on Russia.  As well, existing technologies can capture fossil fuel methane for selling it for a net profit, meaning methane zero-tolerance is possible.  By contrast, Canada’s methane ambitions procrastinate and are fuzzy.

Renewables, not gas, for Southeast Asia: Vietnam

Shire Oak International Asia

The global natural gas industry, including that of Canada, has high hopes for weaning Southeast Asia from coal dependency.  Concurrently, low-cost renewables are swiftly changing the electrical power landscape in this part of the world.  Vietnam, caught in the squeeze between the two competing types of power sources, is favouring a clean energy metamorphosis.  The country now has the greatest installed solar energy capacity in Southeast Asia.  Government policies are both supportive and handicaps.  Grid infrastructure is woefully insufficient.  International support is critical to solidify the transition to clean energy.

Canada’s 2030 climate plan: Designed to fail

Oil sands development

Canada’s 2030 Emissions Reduction Plan (ERP) was made public March 29, 2022.  Since the country’s oil and gas sector with methane included, plus transportation components, together, represent about half of Canadian emissions, one would have thought these sectors would be objects of strong climate initiatives.  Yet, for these sectors, the ERP appears to be the product of accommodation of industry lobbies.  The action items stupendously lack integrity and are weak.  As such, the ERP like all previous government emission reduction targets, will not achieve its goals.