As the car industry’s largest hybrid pusher, Toyota says it is better positioned to just buy credits to close the EPA gap rather than “waste” money on BEVs, its CEO said.
Yes, steam methane reforming is the most cost effective. But there are other ways to make it. The most eco friendly was is electrolysis that uses electricity to split water into hydrogen and oxygen. There are some microorganisms, such as algae and bacteria, that can produce hydrogen through biological reactions—but those aren’t able to scale today.
Important thing is there are multiple ways to produce hydrogen. Cheapest is through methane, but that’s only because methane itself is cheap. There are other methods of producing hydrogen and the more demand there is for it, the cheaper it’ll get. Especially when you consider there won’t OPEC to mess around with prices by rigging production against demand. So it would be smart to focus on fuel source which can be easily produced anywhere and can provide similar performance like current ICEs.
but there is no hydrogen to mine either. Hydrogen is made from fossil fuels too (most of it)
Yes, steam methane reforming is the most cost effective. But there are other ways to make it. The most eco friendly was is electrolysis that uses electricity to split water into hydrogen and oxygen. There are some microorganisms, such as algae and bacteria, that can produce hydrogen through biological reactions—but those aren’t able to scale today.
Important thing is there are multiple ways to produce hydrogen. Cheapest is through methane, but that’s only because methane itself is cheap. There are other methods of producing hydrogen and the more demand there is for it, the cheaper it’ll get. Especially when you consider there won’t OPEC to mess around with prices by rigging production against demand. So it would be smart to focus on fuel source which can be easily produced anywhere and can provide similar performance like current ICEs.