I had to.
First up in our round-up is the hydrogen Green dream.
It’s not going so well for some of its former firm adherents – they’re throwing in most of the proverbial towel.
For years, Airbus held a front-row seat in the theater of climate virtue signaling. With grand fanfare and a hefty €1.5 billion injection from French taxpayers during COVID-era bailouts, the European aerospace titan promised a hydrogen-powered, zero-emission aircraft by 2035. The project was christened as nothing less than “historic” by Airbus CEO Guillaume Faury. Now, like so many green-energy pipe dreams, that fantasy is unraveling fast.
According to The Wall Street Journal article by Benjamin Katz, Airbus is retreating from its hydrogen ambitions—cutting the project’s budget by 25%, reallocating staff, and initiating a new “development loop” after discovering,…
