Billionaire mining mogul Andrew Forrest has slammed the oil industry for promoting hydrogen made from natural gas as a clean fuel, saying that it would unleash more of a potent greenhouse gas into the atmosphere and do nothing to combat climate change.
In an interview ahead of the upcoming UN climate summit in Glasgow, Australia’s second-richest person said that developing so-called blue hydrogen projects would do nothing for the global carbon budget because of fugitive emissions.
“There is a little molecule called methane — it’s 80 to 90 times more potent than carbon,” Forrest said.
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