By Geoff Derrick
Everyone knows “Blind Freddy”. He’s the man who sees problematic issues with extreme clarity, who identifies projects based on humbug, who calls out scams and wrong-doings, who is our quiet protector on many controversial social and business issues, and who keeps many of our radical politicians, businessmen and policy makers in check.
It is Blind Freddy who could see that “Green Hydrogen” was set to fail (“Writing on wall for green hydrogen”, Weekend Australian, 5-6 Oct), simply because making green hydrogen by passing an electric current through water is extremely expensive and energy consuming. It is Blind Freddy who sees that this process uses more energy than hydrogen can produce, and that it costs more to make this green hydrogen than its world sale price.
Operating at a loss may well be standard socialist philosophy, but it is not the way capitalism works.
And it is Blind Freddy who can see that renewables will never replace fossil fuels because they cannot do the job of powering a nation 24/7.