Hydrogen Hype Or Hope? — Can Companies Like This One Help Usher In A Greener Future?

Hydrogen energy has been touted as a green solution to the world’s energy problems for years, with companies like Air Products & Chemicals Inc. APD and Plug Power Inc. PLUG investing heavily in the space. The technology has much possible potential in delivering on the promise of a green future. However, a major drawback has kept the technology from taking its place at the forefront of global green energy efforts.Hydrogen is abundant. In fact, it is the most abundant element in the universe, accounting for three-quarters of all matter. It is also an incredible energy source. It is the primary fuel source for the very sun that facilitates life on earth.And what’s more, it can be “mined” from water through a process known as electrolysis. In this process, an electric current is run through water, splitting the bonds between the hydrogen and oxygen atoms, yielding pure forms of…

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