Oil Giant BP is Killing 18 Hydrogen Projects, Chilling the Nascent Industry

Posted inTech
An anonymous reader shares a report: Tucked inside a 32-page earnings report, oil and gas giant BP revealed it was killing 18 early-stage hydrogen projects, a move that could have a chilling effect on the nascent hydrogen industry. The decision, along with the sale of the company's U.S. on-shore wind power operations, will save BP $200 million annually and help boost its bottom line. The hydrogen industry, which has relied on oil and gas companies both financially and through lobbying efforts, is preparing for a grimmer outcome. BP has been a supporter of hydrogen. The company's venture capital arm has invested in several green hydrogen startups, including Electric Hydrogen and Advanced Ionics. Earlier this year, BP said it would develop "more than 10" hydrogen projects in the U.S., Europe, and Australia. Now, BP is scaling back those plans, saying it'll develop between five and ten projects. The company is keeping quiet about which ones will receive the green light. Read more of this story at Slashdot.

This bellwether county heads to the polls – which way will it swing?

Posted inU.S.
Saginaw county in Michigan, a battleground state, will help decide how election falls as US voters remain largely splitUS election 2024 – latest updatesUS election results 2024: live map and trackerThey lined up in the dark and rain before the polling stations even opened across Saginaw, the bellwether county in the crucial battleground state of Michigan.Some just wanted to be able to vote and get to work on time. But there was also a determination among many people that, whatever issues they cared about, this American election mattered more than most.Don’t miss important US election coverage. Get our free app and sign up for election alerts Continue reading...