Is green hydrogen the affordable fuel shipping needs?

According to a new study, this clean fuel would add “just cents” to the cost of freight.Operating cargo ships on 100 percent green hydrogen fuel would add an entirely negligible amount to the cost of shipping consumer products, said a new study published by Transport & Environment (T&E), earlier this week.Cost of green hydrogen and how it would effect product prices.It would increase the cost of a pair of Nikes by only 15 cents and a new fridge by $12 on average.The research by T&E, the leading clean transport campaign group in Europe, included an analysis of the cost impact of marine shipping should that transport sector undergo complete decarbonization.The analysis aligned the proposed increases with the FuelEU Maritime (FEUM) and the maritime Emissions Trading Scheme (ETS) targets.It determined that by fueling container ships with green hydrogen, the impact on the price of…

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