Hydrogen startups are on pace to raise more VC funding in 2023 than in the prior two years combined, according to PitchBook’s 2024 Industrial Technology Outlook.
Hydrogen startups are on pace to raise more VC funding in 2023 than in the prior two years combined, according to PitchBook’s 2024 Industrial Technology Outlook.
Please do share facts…
You need something that can fully replace fossil fuels. This includes all core factors, such as maximum range, refueling times, and yes, even energy density. After all, it makes no sense to replace fossil fuels with something inferior. As a result, any basic analysis will lead you to some kind of fuel derived from hydrogen. Nothing else we have can meet all of the necessary criteria. As a result, it pretty much has to be hydrogen or something derived from it.
PS: Biofuels don’t count, because there is no way to scale up production to the needed levels.
But why not use localised fusion power, or orbital solar power if we’re talking non-realised solutions?
Hydrogen is highly hyped by the oil industry to be their new product line after peak oil, but it doesn’t solve most of the major issues of fossil fuels, introduces more problems that we haven’t yet solved, and the industry hasn’t yet developed feasible ways to utilise hydrogen that actually lowers fossil fuel consumption.
It’s a cool idea, less proven than most.
As I said, this is all gaslighting. Green hydrogen is already a developed technology. We’ve already know how to make it. The anti-hydrogen rhetoric is just bullshit. If anything, the critics are working for the oil industry, since they are repeat arguments nearly identical to what the fossil fuel industry said about wind, solar, electrification, etc.
Without data, you’re the one attempting to gaslight. Please provide sources, or wait until we meet in a hydrogen car to be smug.
Without proof to back up your claims, you’re indistinguishable from someone misunderstanding facts, or even someone lying. With sources, you become trustworthy, seems like well worth the effort to provide them.
I see hydrogen cars drive by nearly every day. It’s you who is totally out of touch with reality. Next you’ll be telling me smartphones are impossible, or that OLED TVs will never happen. Or whatever “it’s impossible” bullshit for something that already exists.