Over the past four months, developers of technology to produce and distribute low-emission hydrogen have raised more than $1 billion in venture investment, per Crunchbase data. That’s already more than two-thirds the total raised in all of last year.
Cyncial take: since much of the North American and European public aren’t buying the oil lobby’s lies on natural gas any longer, they are pivoting to ways they can use hydrogen and carbon capture as their next distraction.