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Hydrogen could deliver one fifth of world carbon cuts
Hydrogen could deliver one fifth of world carbon cuts

Hydrogen could deliver one fifth of world carbon cuts

NAMPA
Increasing the use of hydrogen in power, transport, heat and industry could deliver around one fifth of the total carbon emissions cuts needed to limit global warming to safe levels by mid-century, a report by the Hydrogen Council said on Monday.

To encourage industries to use hydrogen, Toyota and Air Liquide helped set up the Hydrogen Council, a global lobby launched in January this year. Its 27 members include automakers Audi, BMW, Daimler, Honda and Hyundai , and energy firms such as Shell and Total.

The council said using hydrogen for transport, energy generation, energy storage, industry, heat and power could cut annual carbon emissions by 6 billion tonnes by 2050.

"This would ... contribute roughly 20 percent of the additional abatement required to limit global warming to two degrees Celsius," the council said in a report released on the sidelines of a U.N. climate conference in Bonn.

To achieve a two-degree limit this century agreed by governments in Paris in 2015, the world must reduce energy-related carbon emissions by 60 percent by 2050.

The report said one in 12 cars sold in California, Germany and Japan were expected to be powered by hydrogen by 2030. By 2050, hydrogen could power 400 million cars, 15 million to 20 million trucks, around 5 million buses, a quarter of passenger ships and a fifth of non-electrified train tracks, as well as some airplanes and freight ships.

Achieving this shift in transport and other sectors would require investment of U$280 billion by 2030, with about U$110 billion to fund hydrogen output, U$80 billion for storage, transport and distribution, and U$70 billion to develop products.

Fuel cell vehicles combine hydrogen and oxygen to produce electricity to power an electric motor, producing water as a byproduct. However, making hydrogen from fossil fuels, a common route, also produces some greenhouse gas emissions.

So far the take-up of hydrogen vehicles is tiny and industry experts say their wider use is years away, with high purchase prices and a lack of refuelling stations the major barriers.

But some firms, such as miner Anglo American and carmaker Toyota, are pushing for fuel cell cars to play a role even with the rise of battery-powered electric vehicles (EVs).

Woong-chul Yang, vice chairman of automotive research and development at Hyundai said EVs and hydrogen fuel cell cars were needed because EVs were better for city driving and fuel cell vehicles better for longer journeys.

Some countries have set targets for hydrogen use, such as China, which aims to have 1 million hydrogen fuel cell vehicles by 2030. Britain has a £23 million (U$30 million) fund to accelerate the take-up of hydrogen vehicles.

Some Chinese firms are interested in joining the Hydrogen Council, Pierre Etienne Franc, vice president of the hydrogen initiative at Air Liquide, told Reuters. "Most probably we will have a Chinese member in the next six months," he said.

The council believes that, with the right policies, the investment needed was "feasible" and the hydrogen market could see revenues of more than U$2.5 trillion a year. – Nampa/Reuters

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Premier League: Brighton 0 vs 4 Manchester City | Manchester United 4 vs 2 Sheffield United | Everton 2 vs 0 Liverpool | Crystal Palace 2 vs 0 Newcastle | Wolves 0 vs 1 Bournemouth | Arsenal 5 vs 0 Chelsea SerieA: Udinese 1 vs 2 AS Roma European Championships Qualifying: Coventry City 2 vs 3 Hull City | Leicester City 5 vs 0 Southampton English Championship: Coventry City 2 vs 3 Hull City | Leicester City 5 vs 0 Southampton Katima Mulilo: 16° | 33° Rundu: 16° | 33° Eenhana: 16° | 35° Oshakati: 17° | 34° Ruacana: 17° | 35° Tsumeb: 18° | 32° Otjiwarongo: 14° | 31° Omaruru: 16° | 34° Windhoek: 15° | 29° Gobabis: 18° | 30° Henties Bay: 15° | 22° Wind speed: 26km/h, Wind direction: S, Low tide: 10:31, High tide: 04:30, Low Tide: 22:38, High tide: 16:57 Swakopmund: 15° | 18° Wind speed: 28km/h, Wind direction: SW, Low tide: 10:29, High tide: 04:28, Low Tide: 22:36, High tide: 16:55 Walvis Bay: 16° | 26° Wind speed: 34km/h, Wind direction: SW, Low tide: 10:29, High tide: 04:27, Low Tide: 22:36, High tide: 16:54 Rehoboth: 17° | 31° Mariental: 20° | 34° Keetmanshoop: 22° | 34° Aranos: 20° | 33° Lüderitz: 13° | 24° Ariamsvlei: 20° | 35° Oranjemund: 17° | 30° Luanda: 26° | 29° Gaborone: 18° | 27° Lubumbashi: 11° | 25° Mbabane: 13° | 17° Maseru: 9° | 23° Antananarivo: 14° | 27° Lilongwe: 14° | 26° Maputo: 18° | 25° Windhoek: 15° | 29° Cape Town: 15° | 27° Durban: 17° | 22° Johannesburg: 15° | 23° Dar es Salaam: 23° | 31° Lusaka: 17° | 26° Harare: 14° | 26° Currency: GBP to NAD 23.44 | EUR to NAD 20.11 | CNY to NAD 2.6 | USD to NAD 18.76 | DZD to NAD 0.14 | AOA to NAD 0.02 | BWP to NAD 1.33 | EGP to NAD 0.39 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.71 | ZWL to NAD 0.04 | BRL to NAD 3.68 | RUB to NAD 0.21 | INR to NAD 0.23 | USD to DZD 134.22 | USD to AOA 834.06 | USD to BWP 13.79 | USD to EGP 47.85 | USD to KES 134.48 | USD to NGN 1329.44 | USD to ZAR 18.74 | USD to ZMW 26.6 | USD to ZWL 321 | Stock Exchange: JSE All Share Index 74329.37 Down -0.25% | Namibian Stock Exchange (NSX) Overall Index 1642.69 Up +6.30% | Casablanca Stock Exchange (CSE) MASI 13346.81 Up +0.49% | Egyptian Exchange (EGX) 30 Index 25917.59 Down -3.21% | Botswana Stock Exchange (BSE) DCI Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - 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Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 341.17/OZ UP +0.45% | Copper US$ 4.55/lb UP +0.83% | Zinc US$ 2 874.90/T UP 0.72% | Brent Crude Oil US$ 89.09/BBP UP +0.22% | Platinum US$ 913.24/OZ DOWN -0.0029