Equinor

BP’s Exit Is Part Of A Broader Collapse In Hydrogen For Transportation Among Majors

BP quietly dissolved its low-carbon mobility team recently, and almost no one noticed. No flashy press release. No somber CEO video explaining a pivot to shareholder value. Just an internal memo, a few reassigned employees, and the slow realization that the company was backing away from its hydrogen transport dreams. … [continued]

Norway’s New Industrial Policy Pivots Away From Hydrogen For Energy

In 2020, Norway jumped into hydrogen like it was the next North Sea oil rush. The government released a national hydrogen strategy full of ambitions and buzzwords, envisioning a country where blue and green hydrogen would decarbonize ships, factories, maybe even homes. In 2021, they doubled down with a hydrogen … [continued]

UK To Pour $28 Billion Into Carbon Capture & Storage Over 25 Years

Elections have consequences. The newly installed Labour government in the UK announced this week that it will pump £22 billion (approximately $28 billion) into carbon capture and storage schemes over the next 25 years. The Guardian reports the move came after an extensive round of high pressure lobbying by fossil … [continued]