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John Kerry: Hydrogen can be a multi-trillion-dollar global market

John Kerry: Hydrogen can be a multi-trillion-dollar global market

“Hydrogen alone can be a multi-trillion-dollar global market in the coming decades, and industry estimates that the US could build 700,000 jobs in the hydrogen economy just by 2030,” said John Kerry, Special Presidential Envoy for Climate, at the US Department of Energy’s Hydrogen Shot Summit on Tuesday (August 31).

An avid supporter of green technologies, and hydrogen in particular, Kerry believes that clean hydrogen can serve as a chemical feedstock for industrial processes to help push forward the US’ decarbonisation effort.

“President Biden sent a powerful signal that the US is reasserting its leadership on global climate action. The US is already doing its part. President Biden committed the US to slashing our own emissions by at least half in 2030.

“Still, more than 90% of all future emissions will come from outside our borders. That means that in addition to reducing emissions at home, our ability to tackle the climate crisis will require America to speed the global net zero transition.

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