Blog

One of the key metrics in the automotive industry is “return on invested capital”, and for many in the Electric Vehicle (EV) market there are few positive returns! Consider the plight of both Ford and General Motors.

Since November, 2021, Congress has passed three massive spending bills intended to pump large sums of money into the U.S. economy, much of it into the industrial sector addressing infrastructure, semiconductor manufacturing and green energy projects.

Imagine that it is December 31st, 1900. You are having a lobster dinner at Café Martin on Madison Square, New York City. It is 9:30 PM and your waiter approaches your table to announce that for the balance of the evening it is “Champagne Only”. Lobster and champagne until the early hours of the morning!

In 1990, the U.S. share of global semiconductor manufacturing capacity was estimated to be 37%. By 2021, the U.S. share had dropped to 12%, posing major threats to America’s security and economy, which became blatantly evident during the Covid years.

Consider that it is 1620. Following a treacherous 66 day crossing from England to Massachusetts Bay and having spent the winter on the Mayflower, you and a small party of fellow travelers move ashore to the New World where you are greeted by an Abenaki Native American – welcoming you in English!

In many ways, green hydrogen presents similar opportunities, whether it be powering vehicles, producing electricity or replacing fossil fuels in processes such as refining, Iron, steel and chemical manufacturing.

Was Halloween always associated with blood, gore, the dead, scary monsters and witches with ugly features? No! Quite the opposite!

Regardless of one’s position on climate change, nations have pledged to decarbonize and reduce greenhouse emissions. One of the key players in the replacement of fossil fuels will be GREEN HYDROGEN, an energy source that may well redefine the energy landscape!