Renewable energy rent seekers claim converting useless, unpredictable and unreliable wind and solar power into hydrogen gas is a cinch. Sure, the notion of turning useless electricity into something that can be used as and when consumers need it – rather than something that depends on the whims of mother nature – makes sense – at a conceptual level.
But that’s the point when the reality carriage detaches from the dream caboose.
If converting chaotic wind and solar into hydrogen gas was as cheap and easy as its proponents suggest, then market forces would have brought the process into being, years ago. However, rent seekers pushing the hydrogen line are already putting their hands out for government ‘assistance’ – so get set for yet another crony capitalist playground, where massive and endless subsidies are the endgame.
Like every other country suffering from the wind and solar obsession, Australia’s Federal government…
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