Trade Winds Shift: China Regains Top Trading Partner Status with Germany Amid U.S. Tariff Pressures
Trade Dynamics Reverse as China Surpasses U.S. in German Trade In a significant shift in global trade patterns, China has…
Tag: Chemical industry
Breakthrough in Green Hydrogen Production and Rivian’s Critical EV Launch Amid Climate Warnings
A Dutch startup’s nanoporous coating may cut iridium use in electrolyzers by 90%, potentially making green hydrogen cost-competitive with fossil fuel-based production. Meanwhile, Rivian’s upcoming R2 SUV is seen as crucial for the EV maker’s survival. These developments unfold as scientists project a temporary breach of the 1.5°C warming limit despite climate agreements.
Green Hydrogen Cost Breakthrough
Significant progress in reducing the production costs of green hydrogen appears to be on the horizon, according to reports from sustainability technology analysts. The current high expense stems primarily from the reliance on iridium, a scarce and costly metal essential for Proton Exchange Membrane (PEM) electrolyzers. These devices use electricity to split water into hydrogen and oxygen, a process known as electrolysis.