The research, which aims to provide a guide for policymakers and investors, identified technologies and projects the EU could invest in using money from its budget and recovery fund to help the region’s economies bounce back from the coronavirus crisis.
Combined, they could create a market of net-zero goods and services totalling up to 790 billion euros a year and reduce emissions by 871 million tonnes. The projects chosen include: solar module gigafactories; large-scale floating offshore wind; large-scale green hydrogen production; grid development to enable 100% renewable power; direct carbon capture technology, the report said.
Schemes like hydrogen have given Europe the most expensive electricity in the world. That makes them less competitive in industry which weakens their economy which then goes to damage its citizens. The Democrats are now trying to do the same to the US.
Please explain Green Hydrogen
nice
新的世界，新的希望。
Already happening ... whoever does not invest in this technology will be years behind in the not too distant future.
Reuters has stakes in green and is not trying to hide it.
I honestly do not think so.
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Source: CNBC - 🏆 12. / 72 Read more »