Fortescue Cancels $550 Million Hydrogen Hub Project in Buckeye

The Green Hydrogen Hype Is Fading

The green hydrogen drive is losing momentum as start-ups face rising costs and uncertain demand while energy majors back out of multi-billion-dollar projects as they return to their core oil and gas business.   Low-emissions hydrogen, including the “green” variety produced with electrolysis using renewable energy, remains a small portion of global hydrogen use, which currently is mostly of the type using fossil fuels to make.  Despite the promis…

Twiggy Forrest's Billionaire Bubble On Hydrogen’s Risks - CleanTechnica

Andrew Forrest, aka Twiggy Forrest, Australia’s third-favorite billionaire and inveterate promoter of the delusion of hydrogen for energy, recently provided the perfect example of a new trend: hydrogen climate harm denial. It’s something I’ve been watching grow for perhaps a year, just as I’ve been watching the increasing anger of ... [continued] The post Twiggy Forrest’s Billionaire Bubble On Hydrogen’s Risks appeared first on CleanTechnica.

Fortescue cancels $550 million hydrogen hub project in Buckeye

Fortescue Future Industries is abandoning its plans for a $550 million hydrogen hub project in Buckeye, citing uncertainty and waning federal commitment to green energy initiatives.

Twiggy Forrest erases green hydrogen projects from website

It’s easier to pretend failed planet-saving schemes didn’t exist than to admit failure.

Twiggy Forrest’s Billionaire Bubble On Hydrogen’s Risks

Andrew Forrest, aka Twiggy Forrest, Australia's third-favorite billionaire and inveterate promoter of the delusion of hydrogen for energy, recently provided the perfect example of a new trend: hydrogen climate harm denial. It's something I've been watching grow for perhaps a year, just as I've been watching the increasing anger of ... [continued] The post Twiggy Forrest's Billionaire Bubble On Hydrogen's Risks appeared first on CleanTechnica.

Another big project scrapped in West Valley - Rose Law Group Reporter

By Amy Edelen | Phoenix Business Journal Fortescue Future Industries is abandoning its plans for a $550 million hydrogen hub project in Buckeye, citing uncertainty and waning federal commitment to green energy initiatives. Australia-based Fortescue said during a July 24 investor call it’s nixing plans for what would have been its first U.S. green hydrogen hub consisting of an 80-megawatt electrolyzer and liquefaction facility capable of producin…