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The new oil? The geopolitics and international governance of hydrogen
#MMPMID32835007
Van de Graaf T
; Overland I
; Scholten D
; Westphal K
Energy Res Soc Sci
2020[Dec]; 70
(?): 101667
PMID32835007
show ga
While most hydrogen research focuses on the technical and cost hurdles to a
full-scale hydrogen economy, little consideration has been given to the
geopolitical drivers and consequences of hydrogen developments. The technologies
and infrastructures underpinning a hydrogen economy can take markedly different
forms, and the choice over which pathway to take is the object of competition
between different stakeholders and countries. Over time, cross-border maritime
trade in hydrogen has the potential to fundamentally redraw the geography of
global energy trade, create a new class of energy exporters, and reshape
geopolitical relations and alliances between countries. International governance
and investments to scale up hydrogen value chains could reduce the risk of market
fragmentation, carbon lock-in, and intensified geo-economic rivalry.
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