Hydrogen share prices have collapsed on the back of rising interest rates and confidence-sapping scandals. Is it time for Fortescue to take advantage?
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Barely three years ago, hydrogen seemed to be the panacea for all the world’s problems.
It was touted as the next clean fuel for passenger cars, the chemical catalyst that would decarbonise the steel and alumina industries, an ingredient for clean fertiliser and maybe even the replacement for methane gas in kitchen stoves.
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Original URL: https://www.afr.com/companies/energy/hydrogen-s-bubble-has-burst-so-should-twiggy-buy-rather-than-build-20240118-p5eycz