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IPFS News Link • Energy

Limitless 'white' hydrogen under our feet may soon shatter all energy assumptions

• https://www.msn.com by Ambrose Evans

It happened with shale fracking around 2009-2011, confounding OPEC, Russia, and an opinion establishment still hooked on the great red herring of peak oil. 

America went from an alarming energy deficit to become the top exporter of oil and gas within a decade. The dollar came roaring back. So did American power.

Today's exuberant rush for "white" hydrogen has the same feel. 

We are suddenly waking up to the very real possibility that vast reserves of natural hydrogen lie under our feet and can plausibly be extracted at costs that blow away the competition, ultimately undercutting methane on pure price. 

Scientists have long argued that pockets of exploitable geological hydrogen are more abundant than hitherto supposed. 

The perpetual burning gas at Chimaera in Turkey – believed to be the source of the Olympic flame – has a hydrogen content reaching 11.3pc. There is another such marvel at Los Fuegos Eternos in the Philippines.