Unlocking the Green Horizon: Economist Gordon Rausser's Insights on the Future of Hydrogen
Key Ideas
  • Dr. Gordon Rausser emphasizes the importance of policy, technological breakthroughs, and investments to drive down production costs and make green hydrogen competitive with fossil fuels.
  • Collaboration between public and private stakeholders for research and development is advocated to overcome cost barriers and foster innovation in the green hydrogen sector.
  • The discussion highlights the transformative potential of green hydrogen in various sectors, such as agriculture, energy production, and space exploration, emphasizing the need to drive down costs for broader adoption.
  • Dr. Rausser underscores the significance of regional hydrogen production for enhancing energy security and promoting economic resilience in vulnerable regions prone to supply disruptions.
NewHydrogen, Inc., the developer of ThermoLoop™, hosted a conversation between CEO Steve Hill and esteemed economist Dr. Gordon Rausser on the future of green hydrogen. Dr. Rausser highlighted the surge in global investments in green hydrogen, reaching $12 trillion by 2050, and emphasized the importance of technological breakthroughs and policy frameworks. He expressed optimism about green hydrogen's potential to mitigate climate change impacts once production costs align with market expectations. The discussion focused on the role of research and development in overcoming cost barriers and fostering innovation, advocating for coordinated efforts between public and private stakeholders. Dr. Rausser also discussed the transformative potential of green hydrogen in sectors like agriculture and energy production, emphasizing the need to drive down costs. Additionally, he addressed the geopolitical and economic implications of regional hydrogen production for enhancing energy security. The sentiment of the article is positive, highlighting Dr. Rausser's confidence in the transition towards a hydrogen-powered future and the importance of collaborative efforts for sustainable development.
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