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FOSSIL FUEL SUBSIDIES CAUSE POLLUTION
IN 1874 JULES VERNE PREDICTED HYDROGEN WOULD BE THE FUEL OF THE FUTURE
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RACE AGAINST TIME: This could have been another of Jules Verne's titles. But it is not a work of science fiction, it is a man-made problem today that even the master storyteller would have had trouble predicting. Despite our scientists telling us the global warming is at a crucial tipping point, world leaders are allowing the use of fossil fuels to superheat the planet with dire consequences. Jules was adamant that hydrogen would be a source of power for mankind in the future he envisioned. In our view he was bang on the money. Green hydrogen offers us a sustainable future, based on splitting water using electrolyzers, to recombine for heat or electricity. We can use renewable solar and wind power, to create a circular economy, without CO2 and other harmful gases and particulates. This clean energy source can drive our automobiles and ships, as a major brake on climate change. What is holding us back and why? The technology exists today! Given the opportunity, we would like to prove it to you. If it is possible to complete the build of the Elizabeth Swann above by 2024, it will be the 150th anniversary of his prediction in his 1874 book: The Mysterious Island.
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Quite amazingly, there are subsidies for fossil fuels, but not the same incentives for renewable energy or sustainable fuels.
It is a situation that reminds us of the Red Flag Acts, designed to slow the progression of motor vehicles over horse drawn carriages. The same thing happened before that with the Board of Longitude, doing their best to frustrate the efforts of John Harrison's marine chronometer, as a solution, they did not like, even though it solved the navigation problem for the British Admiralty.
These subsidies are promoting pollution, the creation of greenhouse gases and production of harmful pollutants and carcinogenic particulates, a cause of lung cancer. In the words of John McEnroe: "You cannot be serious."
There is a move to abolish fossil fuel subsidies, as one of the main disincentives to investment in clean energy technology, such as fuel cells and electrolyzers. We hope there may be tax breaks for zero emission fuels like methanol and hydrogen, to help accelerate the move to Net Zero. But also to solve the present dilemma (@2022) where households cannot afford heating.
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