C-MACC Weekly “CRETER” (Climate etc.)
Hydrogen – The Endgame, But The DoE Ambition Could Hurt
- Unrealistic hydrogen cost targets concern us, as the benefit of spurring R&D investment may be more than offset by waiting for something unachievable.
- Hydrogen is a key “endgame” need for climate action, but the DoE targets appear much more realistic for 2040-2045 (and possibly later) than 2030.
- Biofuels are a “plug-and-play” solution that works today – the sector is likely undervalued, in our view, but this market is not absent sizable challenges.
- Our research also discusses whether chemical recycling can be good enough for all stakeholders – unintended consequences may hurt current polymer makers.
- The SPAC craze is far from over – some of the ESG ones will work but not all.
See PDF below for all charts