Talks are ongoing at Cop26
Put global price on carbon to drive hydrogen economy – Air Products
Governments should focus their resources on promoting consumption, says CEO Seifi Ghasemi at Cop26
The simplest and most effective way to incentivise the growth of a hydrogen economy is to put a global price on carbon, according to Air Products CEO Seifi Ghasemi. Governments should not focus their efforts on stimulating supply, as firms can do that without state support, said Ghasemi at a Cop26 side event. “Governments should focus their resources on promoting consumption—truck companies, shipping companies, steel companies,” he said. “The most effective way to do that is a controversial thing no-one is talking about—a global carbon tax.” 10,000t/d – Air Products’ hydrogen production Such a move is not under discussion at Cop26, although China, the EU, South Korea, Switzerland and
Also in this section
13 March 2025
Government awards €1.21b of funding to seven large-scale projects as it chases capacity target of 12GW by 2030
12 March 2025
Speakers at this year’s CERAWeek conference noted the growing interest in green hydrogen, but hurdles such as cost remain to its adoption at scale
11 March 2025
A reassessment of clean hydrogen’s growth trajectory is underway, but the energy vector’s long-term potential to decarbonise remains intact
10 March 2025
Collaboration has become crucial to success as projects turn out to be more complex and expensive than previously thought, industry figures tell Dubai conference
