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19 Apr

High interest rates threaten clean H2 development: WoodMac

High interest rates could threaten the build-out of low-carbon hydrogen, according to a new report by energy consultancy firm Wood Mackenzie. The consultancy warns that the higher cost of borrowing negatively impacts low-carbon energy and green technologies more than already established oil and gas, and large metals and mining companies. “Transitioning to a net zero global economy is a monumental investment challenge,” Wood writes in the report seen b…
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