Fuel for Rockets and Zeppelins Points Toward Green Heat Solution [Yahoo! Finance News]
RWE AG ORD S/ADR (RWEOY)
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Source: Yahoo! Finance News
Fuel for Rockets and Zeppelins Points Toward Green Heat Solution Bloomberg) -- It’s the most nettlesome problem in the quest to ditch fossil fuels: how can you get thousand-degree heat used in factory furnaces without pumping billions of tons of greenhouse gases into the atmosphere? Heat-intensive processes like steelmaking and oil refineries are the starting point for production of everything from cars to life-saving medicines. But fueling their ultra-high temperatures requires burning coal, oil and natural gas. That makes industry responsible for about 20% of the carbon dioxide produced by humans and heating processes, and a bigger emitter than all cars and aircraft combined. Under mounting pressure from protesters and climate-conscious investors, major industrial companies and governments are scrambling for a solution. They’re finding the most likely alternative may be hydrogen. “Hydrogen has a big advantage,” said Markus Krebber, the finance director of RWE AG, Germany’s largest
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