By Rinaldo S. Brutoco
The following Perspectives column was published in the April 28, 2022 (online and printed) edition of the Montecito Journal as well as on the World Business Academy website.
On April 14th this column introduced the concept of “Freedom Fuel.” It outlined the potential unlocked by shifting from a planetary fuel system based on fossil fuels to a system based on the wide availability of hydrogen created by electrolyzing water with renewable energy (so-called “Green Hydrogen”) at prices below fossil fuel. As that transition rapidly progresses, particularly in Germany and France, shifting to hydrogen as the dominant fuel will not only free Europe from Russian domination of Europe’s biggest economies, but it will also free the entire planet from the ravages of climate change.