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Where does it stop?Palmer Luckey’s $1bn pitch to reboot 1990s video game consolesHereditary peer Lord Mancroft: ‘They don’t care about fox hunting. It’s about us’Marinelli: my 15-year quest to ski the biggest face in the AlpsHow To Spend ItHomeWorldUSCompaniesTechMarketsClimateOpinionLexWork & CareersLife & ArtsHow To Spend ItFinancial TimesSubscribeSign InUtilitiesSpain’s Moeve bucks green hydrogen gloom with €1bn projectGroup backed by Mubadala and Carlyle to build new plant in Andalusia in boost to beleaguered industryUK energyCost and complexity hobble UK’s drive for low-carbon hydrogenSetbacks risk upsetting decarbonisation plans of factories in the industrial region between Liverpool and north-west WalesRenewable energyChina uses green tech dominance to take early lead in clean fuels raceCompanies use wind and solar energy to produce green ammonia and methanolRenewable energyHydrogen dreams meet reality as oil and gas groups abandon projectsBP and Exxon are some of the big companies that have halted plans for low-carbon plants in recent monthsMoral MoneyGreen hydrogen is growing — but not enough to meet the hypeLow-emission production still meets only a small fraction of hydrogen demandEnergy sectorClean hydrogen investment tops $110bn to defy industry pessimismMoney flowing into green and blue hydrogen projects rises $35bn in the past yearClimate changeExpensive ‘green’ hydrogen jeopardises German industrial energy transitionUnless cost of hydrogen made from renewable energy falls, some manufacturers would have to use fossil fuels, warn executivesAirlinesEuropean airlines push back hydrogen ambitionsNet zero road map shows sector no longer expects fuel to make significant contribution to decarbonisation by 2050US companiesUS relaxes green hydrogen rules in race to boost sectorBiden administration’s Treasury delays stricter requirements for claiming tax credits ahead of Trump’s returnClimate changeCanada imports US electricity as droughts curb hydropowerMove highlights climate risk to world’s biggest source of renewable energyRenewable energyUS and European hydrogen stock prices collapse as prospects deflateProjects face lower than expected demand, regulatory uncertainties and growing investor scepticismAbu Dhabi National Oil CoAbu Dhabi to invest billions in Exxon’s Texas hydrogen projectPlan for world’s largest low-emission plant of its kind in limbo over push for US subsidiesCommoditiesEU plan for buying key commodities centrally is over-reach, warn tech groupsTrading software companies fear project will make Brussels a competitor and believe tender is misconceivedMoral MoneyA closer look at the green hydrogen marketAlso in today’s newsletter, Goldman Sachs invests in ESG software provider osapiensClimate changeEU hydrogen targets are ‘unrealistic’, says audit bodyBloc unlikely to meet ‘overly ambitious’ goals for clean fuel despite €18.8bn in fundingGlobal tradeEuropean groups urge action to stop threat of cheap Chinese importsThey want ‘made in Europe’ requirements to protect region’s hydrogen equipment manufacturing industryClimate changeBiden’s flagship hydrogen project faces growing oppositionEnvironmentalists and sceptical locals threaten key element of US plans for green energyClimate changeSouth Korea and Japan criticised for approach to climate collaborationEnvironmentalists question joint decision to promote hydrogen and ammonia as emission reduction toolsSpecial ReportHydrogenCan the gas deliver on its promise of clean, green energy? From fixing supply and demand blockages to infrastructure, industry and the spectrum of blue, green and gold hydrogenHydrogenSteelmakers look to hydrogen to green heavily polluting sectorProduction of the metal is responsible for up to 9 per cent of global CO₂ emissionsHydrogenGreen energy sector seeks to divine demand for hydrogenOnce seen as a flexible ‘Swiss Army Knife’ fuel, there is now more realism about which sectors might adopt the clean-burning gasHydrogenHydrogen industry calls for more support to accelerate low-carbon projectsAdditional incentives needed to create demand and boost supply, pioneers sayHydrogenHow a cigarette sparked a slow-burn search for buried ‘gold’ hydrogenDrilling for naturally occurring gas was deemed unfeasible, but prospectors now think differentlyHydrogenWhy hydrogen infrastructure ambition is a long way from realityProposed European pipelines could reach 28,000km by 2030 — but only one 30km scheme is currently under wayHydrogenCracking green hydrogen’s chicken and egg problemFunding is needed for projects demonstrating viability in order to fuel demandJoin us at an FT Live eventFT LiveFT Sessions at CERAWeek 2026FT LiveEnergy Transition Summit AsiaExplore all eventsHelp CentreContact UsAbout UsAccessibilityCareersSuppliersTerms & ConditionsPrivacy PolicyCookie PolicyManage CookiesCopyrightSlavery Statement & PoliciesShare News Tips SecurelyIndividual SubscriptionsProfessional SubscriptionsRepublishingExecutive Job SearchAdvertise with the FTFollow the FT on XFT ChannelsFT SchoolsPortfolioFT AppFT Digital EditionFT EditAlerts HubBusiness School RankingsSubscription ManagerNews feedNewslettersCurrency ConverterFT Live EventsFT ForumsFT Leaders AcademyMore from the FT GroupFT Editorial Code of PracticeUKSubscribe for full accessHomeWorldMiddle East warGlobal EconomyUKUSChinaAfricaAsia PacificEmerging MarketsEuropeWar in UkraineAmericasMiddle East & North AfricaUSUS EconomyUS CompaniesUS Politics & PolicyCompaniesEnergyFinancialsHealthIndustrialsMediaProfessional ServicesRetail & ConsumerTech SectorTelecomsTransportTechArtificial intelligenceSemiconductorsCyber SecuritySocial MediaMarketsAlphavilleMarkets DataCryptoCapital MarketsCommoditiesCurrenciesEquitiesMonetary Policy RadarWealth ManagementMoral MoneyETF HubFund ManagementTradingClimateOpinionColumnistsThe FT ViewThe Big ReadLexObituariesLettersLexWork & CareersBusiness School RankingsBusiness EducationEurope's Start-Up HubsEntrepreneurshipRecruitmentBusiness BooksBusiness TravelWorking ItLife & ArtsArtsBooksFood & DrinkFT MagazineHouse & HomeStylePuzzlesTravelFT GlobetrotterPersonal FinanceProperty & MortgagesInvestmentsPensionsTaxBanking & SavingsAdvice & CommentHow To Spend ItSpecial ReportsAlphavilleFT EditLunch with the FTFT Globetrotter#techAsiaMoral MoneyVisual and data journalismNewslettersVideoPodcastsNews feedFT SchoolsFT Live EventsFT ForumsFT Leaders AcademymyFTPortfolioFT Digital EditionCrosswordOur AppsHelp CentreSubscribeSign In

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