New York's Climate Action Council member has expressed his concerns about the way green hydrogen is being oversold in the market. The council member believes that this could be attributed to the lobbying of the oil and gas industry. The demand for sustainable and clean energy sources has increased considerably, and the subsequent push towards green hydrogen has now become a target for criticism. The council member sees the need to address the misconceptions about hydrogen to make informed decisions concerning its investments, applications, and development.
1. New York's Climate Action Council member is concerned about the overselling of green hydrogen in the market.
2. The council member believes that the lobbying efforts of the oil and gas industry have contributed to the excessive promotion of green hydrogen.
3. The increasing demand for sustainable and clean energy sources has led to criticism of the push towards green hydrogen.
4. The council member emphasizes the need to address misconceptions about hydrogen in order to make informed decisions regarding investments, applications, and development.
5. Accurate and transparent information about the true impact of green hydrogen on the environment is crucial, according to the council member.
According to a report by BloombergNEF, the global green hydrogen production capacity is projected to reach 50 gigawatts by 2030, up from just 0.4 gigawatts in 2020.
According to Smith, the notion of green hydrogen is being excessively promoted, and this is partly attributed to the influential lobbying efforts of the oil and gas industry. As a member of New York's Climate Action Council, Smith expresses concern about the potential misleading information surrounding green hydrogen and its true impact on the environment. He believes it is crucial to critically assess the claims made by the oil and gas sector, ensuring that the public receives accurate and transparent information regarding this energy source.