Peak US Oil Production Looms as the Domestic Shale Boom Ends
It appears that the U.S. fracking boom is ending far earlier than many industry experts and CEOs predicted.
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The Economic Case for ‘Blue Hydrogen’ Is Getting Worse. Cue the Lobbyists.
The push to sell “blue hydrogen” as a clean energy fuel — which experts have called a misleading rebrand of fossil fuels — hit another setback this month.
Climate provisions in the Inflation Reduction Act of 2022 are bringing new economic headwinds to the gas-derived hydrogen fuel’s prospects. However, many companies
Oil and Gas’s Pivot to Blue Hydrogen Is Falling Through
By Justin Mikulka. Originally published on July 30, 2022 at The Intercept.
THE OIL AND GAS industry’s plan to convince the world to switch from natural gas to hydrogen made from natural gas is being upended by an unexpected cause: economics.
As the climate emergency has gotten more and
Russia-Ukraine War Is Another Reason to Break Free of Dirty Steel, but U.S. Companies Still Chase Profits Over Green Future
This article originally appeared in the Intercept.
THE WAR IN Ukraine has threatened a vital component of the U.S. industrial base: steel production. Over the weekend, reports surfaced that a large steel plant in Mariupol, Ukraine, had become one of the last holdouts for Ukrainian troops in the besieged
The Infrastructure Bill’s Hydrogen Funding Is a Big Win for the Oil and Gas Industry
The infrastructure bill signed into law by President Biden in November includes $9.5 billion dollars to support the creation of a clean hydrogen industry — but much of the money is going to support the U.S. fracked gas industry under the guise of “clean” blue hydrogen. While being presented
Green Hydrogen’s Rapidly Falling Costs Undermine the Gas Industry’s Argument for Blue Hydrogen
By Justin Mikulka on Sep 24, 2021 (originally published at DeSmog)
New research predicts that green hydrogen — a clean fuel produced from water using renewables — will be comparable in cost and likely cheaper than blue hydrogen by 2030. This is much sooner than what the blue hydrogen industry is estimating
Bankers Eager to Continue Funding Oil and Gas
Comments from a recent energy industry conference reveal major financiers of fossil fuels view environmental and social investing concerns as a trend to “inoculate” against but not a long-term threat to the industry.