The Real Reason Big Oil Is Betting On The Hydrogen Boom

Japan has been making headlines with its plans to significantly increase its reliance on hydrogen to satisfy its energy needs. Right now, it is demonstrating its transformation into a hydrogen economy by showcasing hydrogen buses and cars used in the Olympics. But there is a problem with that for those nit-picky enough to notice.

This hydrogen is not green. In a recent article for Forbes, tech journalist James Morris noted that the hydrogen used in Japan right now is made from natural gas rather than through the electrolysis of water. Green hydrogen—the…