Hydrogen: Energy’s Version of Waiting for Godot
CEI’s Paige Lambermont was cited by Real Clear Investigations regarding green initiatives in Washington.
Here, as with other green initiatives that have been whipsawed by changes in White House policy, the sector should rely on private marketplace tests rather than federal taxpayers.
“If hydrogen has potential, then the market will respond accordingly. Regardless, subsidization, especially major government subsidization, is unreasonable and unjustified,” said Paige Lambermont, a research fellow at the free market-oriented Competitive Enterprise Institute.
“The technology either has the merits to stand on its own or it does not, but as it stands it is destined for the permanent subsidies we’ve seen for other technologies in the past,” Lambermont added.
Read the full article at Real Clear Investigations.