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pjscott | 11 months ago

Do you have actual knowledge of their motives? Or is this speculation, confidently stated as fact?

Another possible motive, mentioned in the the paragraph you quote, is that the oil companies see an energy transition coming and are trying to get aboard the hydrogen train to diversify their future revenue sources. And that sounds like a reasonable motive; the sort of thing that people who don't see themselves as evil villains – i.e. the supermajority of people – could embrace.

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iamthemonster|11 months ago

I work for an oil and gas company. It has been specifically stated by my company that they are seeking support for hydrogen as a fuel because it adds value to their gas reserves - natural gas is roughly 75% hydrogen on a molar basis.

The idea is to stimulate demand for "green-ish" hydrogen (that is by grid-connected electrolysis); once demand for the hydrogen is there, it can be supplied by blue hydrogen. The O&G companies aren't super keen on green hydrogen made by dedicated renewables off grid, and they LOVE the approach of "we'll start off with grey hydrogen then we'll move to blue and green in the future".

This is very specifically a strategy to increase the amount of natural gas that can move from resources to possible reserves to probable reserve to proven reserves. That's how you increase the value of your company, which is how you get a fat bonus as a CEO.

You don't get a fat bonus by telling the truth or being right.

jasonkester|11 months ago

Can you define your hydrogen colors for us? It sounds like you have something interesting to say, but I can’t parse what it is out of your company’s jargon.

thaumasiotes|11 months ago

> natural gas is roughly 75% hydrogen on a molar basis

I thought it was methane. Wouldn't that be 80% hydrogen on a molar basis? (Or... 67%, if we're counting moles of molecular hydrogen?) Is the discrepancy coming from impurities, or different types of fuel, or what?

xbmcuser|11 months ago

The current US administrations moves against renewables should make you realize how powerful the oil gas lobby is. They got some pushback from local politicians so were slowed down but the way they started they were looking to end all wind and solar for a false promise of nuclear tomorrow.

belorn|11 months ago

The last decades' worth of German administrations (and EU countries in general) removed nuclear on the promise of a cheap grid made from green hydrogen and renewables. What they delivered was a EU grid dependent on imported natural gas and a record high ~€400 billions energy subsidies.

It is hard to see whose promise of a bright future seems most realistic.

lostlogin|11 months ago

> The current US administrations moves against renewables

It is promoting electric cars fairly forcefully.

casey2|11 months ago

Powerful is correct. It's strange to me the number of people on this site who think we should just throw away trillions of dollars. We should use natural gas to make renewable dirt cheap, just that would offset any externalities you can make up.

nyokodo|11 months ago

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dwaltrip|11 months ago

It'd be reasonable if hydrogen was competitive with electric, but it's not.

Guthur|11 months ago

Electricity is a by product of some source of energy, it doesn't just materialise unless your taking about capturing lightening in a bottle.

danaris|11 months ago

Given how hard and how long the fossil fuel industry has been fighting tooth and nail to suppress science, kill public and private projects, and fund bogus studies, all to avoid ever losing even a fraction of their ironclad control of the energy market, I think it's fair to deny them the benefit of the doubt at this point.

If they're saying or doing something that would stand in the way of or compete with the existing rise of renewable energy, even without any specific evidence, I believe it is fully justified to say they are doing it for selfish reasons that will harm literally every other human being on the planet.

whalesalad|11 months ago

Oil companies, vehicle manufacturers, tire companies and other powerful lobbyists have been doing this for decades so it’s an unsurprising theory.

https://en.wikipedia.org/wiki/General_Motors_streetcar_consp...

It’s why we don’t have rail in the US like you see in Europe. At one point in time we had a ton of rail and streetcar networks but these groups destroyed it all because it was a threat to their business. For oil companies, so is hydrogen.

staunton|11 months ago

> ... a threat to their business. For oil companies, so is hydrogen.

Hydrogen is no threat to oil and gas companies, quite the contrary, as discussed by comments all around.

For example, they can produce hydrogen from fossil fuels and justify expanding gas infrastructure while talking about some "future transition".

andrepd|11 months ago

Plenty of this in Europe. In my country there's less km of rail now than there was in 1910.

ryanmcbride|11 months ago

This just sounds intentionally naive.

namaria|11 months ago

I think you mean disingenuous

mixermachine|11 months ago

One can extract hydrogen from fossil fuels. So if a hydrogen break through is coming, they already have a cheap source for the material. Not really green though...

m463|11 months ago

not really cheap either.

I remember natural gas vehicles (busses and cars, like the honda civic). You could actually fill up at home if you had natural gas, but the electricity just to compress the natural gas for the car cost as much or more than the compressed fuel in the car.

For hydrogen, it is even harder. take a look at cars running compressed hydrogen. I remember $17 for the equivalent of a gallon of gasoline. I think it is even more expensive now.

Easier to burn CH4 than use energy to split out the H2, then compres it, then store it.

I actually think solar is better.

navane|11 months ago

"trying to get aboard the hydrogen train to diversify their future revenue sources" sounds very close to what op claims. For them, the goal is to get aboard, not to get to a destination.