Davos 3: energy, transport and industrial companies are forming a hydrogen council
Bloomberg reports that thirteen energy, transport and industrial companies are forming a hydrogen council to consult policy makers and highlight its benefits to the public as the world seeks to switch from dirtier energy sources, according to a joint statement issued on January 17th from the World Economic Forum in Davos, Switzerland.
Council members Toyota Motor Corporation, BMW AG, Daimler AG, Honda Motor Co., Hyundai Motor Co., gas companies Air Liquide SA and Linde AG, miner Anglo American Plc, electric utility Engie SA, rail company Alstom SA and motorcycle and heavy equipment manufacturer Kawasaki Heavy Industries Ltd plan to invest a combined 10 billion euros ($10.7 billion) in hydrogen-related products within five years.
John Lippert, the author of the report, quotes Shell CEO Ben Van Beurden: “The world of energy is transforming very, very fast. Hydrogen has massive potential.”
Rather than using batteries to reduce pollution from cars, homes and utilities that are contributing to climate change, fuel cell vehicles are a cornerstone of Toyota’s plan to rid 90% of carbon dioxide emissions from its vehicles by 2050. It believes that it’s easier to convince consumers to use gasoline-electric hybrids and fuel cell vehicles rather than battery-electric autos, which tend to have less driving range and take longer to recharge than filling up with gasoline or hydrogen.
Takeshi Uchiyamada, Toyota’s chairman and a council co-chair, said “In addition to transportation, hydrogen has the potential to support our transition to a low-carbon society across multiple industries and the entire value chain”.
There are also pilot projects in hydrail and hydrogen-fuelled boats and barges – see in March 2016: Birmingham planners and engineers focus on clean transport.
Posted on January 18, 2017, in Climate change, Energy, Environment, Manufacturing and tagged fuel cell vehicles, hydrail, hydrogen, hydrogen-fuelled boats, Toyota, World Economic Forum. Bookmark the permalink. Leave a comment.