Posted on 12/22/2023 9:27:53 AM PST by Red Badger
Meet the new scam, same as the old scam.
Sounds like somebody is leaving their drugs laying around in the White House again.
Except since Methane is mostly hydrogen, a case can be made for gas producers to get in on the ‘gig’.
Does ANYBODY ever go back to check these prognostications?
“700,000 jobs by 2030” — I’d wager you will get 700 jobs by 2030 and they will all be in demolition of failed projects.
That is a lot of ‘walkin’ around money’ for the reptiles the torture us with our own tax dollars.
Now, politicians have figured out how to tax that.
And water does have some percentage of hydrogen.
So I get credit for collecting rainwater?
We’re saved...Now...where are all those hydrogen stations and how will the hydrogen get there...and will my car catch on fire in the garage??
Where in the Constitution does it give the Executive branch power/authority to give tax credits?
The byproduct of Reneformer H2 production from NatGas is CO2.
Run it thru a PSA unit and its cheap, but I don’t want it sitting in my garage.
That’s a euphemism for wasting energy.
What we want is cheap, plentiful, reliable, safe energy. We should not be looking to subsidize something that needs to be at least competitive with existing energy sources. And boasting about the number of jobs created is really telling us that it will have high labor costs.
Correct in a round about way. Hydrogen is a clean fuel period. Where we run into a problem is it is created out of water. Hydrogen is cheap to produce and generators are relatively simple to build. There a multitude of problems with this scenario. No profit to be made unless there is handouts. Hydrogen is highly volatile and people are stupid, enough said. Now how to meter it for combustion is the challenge that has never really been harnessed. It has been successfully done on a limited basis for fixed speed engines but not for a range like automotive application where you have stop and go traffic. For these reasons it is the next great Rona scam to make the rich richer and the people poorer.
BETCHA BIDEN IS NOT ALIVE BY 2030.
“ Where we run into a problem is it is created out of water.”
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And when it is combusted to produce power for a car the “waste product” is water. Having grown up mostly in very cold climates I have to wonder whether much of that waste water will end up as very thin but very slippery black ice on the roads travelled in cold climates.
It could well be the GOOD OLD CURSE of UNINTENDED CONSEQUENCES.
The sum of dollars is too large, the mission of the dollars is too large, the timeline is unrealistic and the whole thing will generate too much corruption and too many failures. But Biden et el don’t care because it will generate millions in campaign donations back to the Dims from the crony capitalist ventures involved.
As for the federal government and hydrogen as fuel, there is room for very basic research to try to prove out various routes to that end. We have federal research enttities that can do that for many, many, many times less than $140 billion.
After than no special tax deductions will be needed for smart venture capitalists to start companies that what to get into the hydogen-as-fuel marketplace.
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