Put global price on carbon to drive hydrogen economy – Air Products

Governments should focus their resources on promoting consumption, says CEO Seifi Ghasemi at Cop26

The simplest and most effective way to incentivise the growth of a hydrogen economy is to put a global price on carbon, according to Air Products CEO Seifi Ghasemi. Governments should not focus their efforts on stimulating supply, as firms can do that without state support, said Ghasemi at a Cop26 side event. “Governments should focus their resources on promoting consumption—truck companies, shipping companies, steel companies,” he said. “The most effective way to do that is a controversial thing no-one is talking about—a global carbon tax.” 10,000t/d – Air Products’ hydrogen production Such a move is not under discussion at Cop26, although China, the EU, South Korea, Switzerland and