Plug Power Inc (PLUG)

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According to a new report from the National Petroleum Council (NPC), the hydrogen industry won’t generate enough supply and demand for the emerging low-to-zero carbon fuel to help the U.S. achieve net-zero emissions by 2050 under current federal policies..

The council makes recommendations to the Energy secretary on oil and natural gas issues. NPC’s hydrogen report was released Tuesday along with another report from the council focused on reducing U.S. natural gas supply chain emissions.

DOE advisory panel offers ‘sobering’ view on hydrogen
A Department of Energy advisory committee said Tuesday that the nascent “clean” hydrogen industry is not growing fast enough to meet U.S. climate goals, a conclusion that Energy Secretary Jennifer Granholm called “sobering.”