Investment

ChatGPT generated image of an industrial waste-to-hydrogen facility burning stacks of Indian rupees

India-EU Hydrogen Partnership Flagship Project Collapsing Due to Ruinous Economics

The EU-India Clean Energy and Climate Partnership included a plan to develop a waste-to-hydrogen facility in Pune, led by the Pune Municipal Corporation (PMC) and The Green Billions Limited (TGBL). The ₹450 crore ($54M) project was intended to process 3.8 million metric tons of waste using Refuse-Derived Fuel (RDF) and … [continued]

ChatGPT generated panoramic image of USDA, NOAA, NASA, CDC and EPA burning in a bonfire as a US farmer watches in horror

US Cultural Revolution: Bonfire of NASA, NOAA, EPA, CDC, & USDA Climate Programs

China’s Cultural Revolution (1966–1976) was a decade-long political campaign led by Mao Zedong to reinforce communist ideology by purging capitalist and traditional elements from Chinese society. One of its most devastating aspects was its assault on science and academia. Universities were shut down, intellectuals were persecuted, and scientific research was … [continued]

ChatGPT generated panoramic image of a bottomless hydrogen fuel cell pit with money being thrown into it by investors

Perpetual Hydrogen Money Loser FuelCell Energy, Like Ballard, Pivoted From Batteries

How can a company never make a profit for over 50 years and still be around? How can it still find investors? FuelCell Energy is that company, and its continuing existence, like that of other perpetual money losing hydrogen fuel cell firms Ballard Power and Plug Power, is deeply perplexing. … [continued]

ChatGPT generated panoramic digital illustration of a massive hydrogen torch with a vibrant blue flame, fueled by stacks of burning dollar bills

Plug Power Has Lost $3.12 Billion Since 2010, Never Turned A Profit, Stock Collapsing

This is the year that the hydrogen bubble pops, especially for transportation, but increasingly for all hydrogen for energy plays. One of the firms on my hydrogen death watch is Plug Power, which has managed to lose $3.12 billion of other people’s money since 2010, about $200 million a year … [continued]

"US dollars and Euros - cash banknotes" by Mark Hodson Photos, licensed under CC BY 2.0.

Dismantling Green Finance Laws Is No Solution for EU Competitiveness

As part of its efforts to boost EU competitiveness, the European Commission is poised to publish its first Omnibus regulation — officially kicking off the EU simplification agenda. This initial package will tackle corporate sustainability reporting and accountability — the core of the EU’s current sustainable finance framework. Concerning rumors … [continued]