NEW DELHI —
India has announced a $2.3 billion plan to promote “green hydrogen” — hydrogen produced with renewable energy — which experts say could be the clean fuel of the future.
The initiative could help the world’s third-largest emitter of greenhouse gases reach its goal of net zero carbon emissions by 2070.
A series of incentives are aimed at making green hydrogen affordable by bringing down production costs of a technology that has yet to become commercially viable.
While India has been rapidly expanding renewables such as solar energy, these will not be enough to meet climate goals in a country whose energy needs are expected to grow more than anywhere in the world over the next two decades. India’s current reliance on carbon-emitting coal, its primary source of electricity, has raised concerns on how it will switch to clean energy.
The government is hoping…
India Makes $2.3 Billion Green Hydrogen Push to Meet Climate Goals
