A major project aims to overcome a barrier to electricity grids that are entirely supplied by renewable energy.
Environmentalists say the sum’s a fraction of the many trillions of dollars of damages that climate change is projected to wreak on society, unless it’s curbed. The other main areas of the group’s research will be hydrogen power, shipping, long-distance transportation, and carbon dioxide removal from the air.Each member has agreed to open three “hydrogen valleys” - clusters of industries powered by clean hydrogen fuel.A few of the partners want to produce some of this hydrogen by splitting it from natural gas, and seizing the CO2 emissions by carbon capture technology.
Tom Burke from the climate think tank E3G told BBC News: “John Kerry, Bill Gates, et al. are wrong about the importance of R&D [research and development]. Deployment of what we already have is what matters and for which we need big bucks.” She gave two examples. One is a $5m prize for cooling buildings which produced technologies delivering cooling that's five times more efficient.
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Source: The Guardian - 🏆 84. / 53 Read more »