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Green hydrogen can work for shipping despite industry woes, say analysts

  • Fortescue dumps projects in Australia and US, partly blaming Trump
  • Chinese projects are coming along, but their level of state subsidy is contentious
  • Green hydrogen needs a carbon price, but shipping is unique among heavy industries in having one

The IMO’s carbon price and its huge net zero fund for subsidising green hydrogen-based e-fuels mean it can become a reality for shipping, despite failing to live up to the hype for decarbonising most other industries

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