WNA Globe

World News by Wild Rose

#Green Hydrogen ร—

Iran war makes green hydrogen viable in Asia as fossil fuel prices soar

The Iran war has done in two months what years of climate policy could not: make green hydrogen look economically viable. Soaring oil and gas prices since Februaryโ€™s outbreak of hostilities have narrowed the cost gap between the zero-emission fuel and its fossil rivals, paving the way for wider uptake across Asia. The eight-week US-Israeli war on Iran, Tehranโ€™s closure of the Strait of Hormuz and Iranian strikes on Qatarโ€™s Ras Laffan liquefied natural gas (LNG) complex have sent Asian fuel...