‘Hydrogen Wars’ Pit Europe v. China for $700 Billion Business; U.S. sits on sidelines amid global race to cut CO2 emissions

“It’s countries going against countries to lock in market share,” said Gero Farruggio, head of renewables at research firm Rystad Energy. “We call it ‘the hydrogen wars’ because of the way governments are racing to subsidize these projects to be a leader.”