Sunita Singh: We are paying polluters to clean up their mess. That was the only recourse the administration had these tax credits, as well as more standard grants and loans that came through these infrastructure bill and inflation reduction act bills. To get at the, to have the polluter pay, you need regulation. And economists like myself would favor some price on carbon that would provide incentives to reduce your CO2 emissions cost effectively. But that wasn't on the table. So we're kind of stuck with these tax things that we're able to be done through reconciliation. Exactly.
Not long ago, it was said that “hydrogen is the fuel of the future - and always will be.” Now, with the Bipartisan Infrastructure Law tagging $9.5 billion for developing a domestic hydrogen economy, this simplest of all elements is increasingly being discussed as a viable pathway for long-distance trucking, shipping, and hard-to-decarbonize industries like cement and steel. But how clean is clean hydrogen, really? And what will it take to make green hydrogen a cost-competitive option in applications like manufacturing, transportation, and grid-scale energy storage?
Guests:
Julio Friedmann, Chief Scientist, Carbon Direct
Sunita Satyapal, Director, Hydrogen and Fuel Cell Technologies Office, DOE
Alan Krupnick, Senior Fellow, Resources for the Future
For show notes and related links, visit https://www.climateone.org/watch-and-listen/podcasts
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