Jenny Strasburg and Rhiannon Hoyle of The Wall Street Journal report about BP’s newest hydrogen venture.
- BP is taking over a hydrogen project called the Asian Renewable Energy Hub in Australia.
- The $30 billion project will produce hydrogen fuel with renewable energy via a process called electrolysis.
- Hydrogen, which releases only water when it’s burned, is a fuel carrier that is gaining attention for its potential to reduce emissions in hard to decarbonize sectors such as steelmaking, trucking, and shipping.
- Private sector leadership is voluntarily leading the way to a cleaner energy future.
Read the full article here.
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