“…suddenly Wall Street can’t stop gushing about the enormous potential of the plentiful, versatile gas to cut emissions from many hard to de-carbonize sectors.
Bank of America is the latest analyst to chime in with a bullish note.
According to the giant investment bank, hydrogen could supply our vast energy needs, fuel our cars, heat our homes, and also help to fight climate change. BAC says we have reached the tipping point of harnessing this element effectively and economically and predicts the hydrogen marketplace to reach a staggering $11 trillion by 2050.
BAC has likened hydrogen to smartphones pre-2007 and has advised investors to double-down before it goes fully mainstream.”
New A.G.E. perspective: We are poised to play an important role in the remediation of carbon footprint and the acceleration of the $11 trillion hydrogen marketplace.