Fortescue’s hydrogen dreams have come up against the hard energy reality – affordability, reliability and zero emissions are difficult to achieve together. But Fortescue is not alone.
For the past decade, many have suffered a similar energy delusion. Promises of an easy transition have given way to the realisation that nothing with energy or climate ambitions is simple or cheap.
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Patrick Gibbons is a former Tehran-based diplomat and partner at corporate advisory firm Orizontas.
