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Green Hydrogen Shipping | ticker VIEWS

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Global Energy Ventures (GEV) is leading the way for shipping solutions of green hydrogen

This week’s episode of tickerCLIMATE featured the CEO and managing director of Global Energy Ventures, Martin Carolan. GEV is leading the way for shipping green hydrogen.  

Green hydrogen shipping

Global Energy Ventures is an energy transition company aimed at delivering compressed shipping solutions, for transporting energy to global markets.  Their business model is to build, own and operate the production, storage, and shipping of green hydrogen.

Compression delivers a simple approach to transporting green hydrogen. GEV is a leader in the marine transport of hydrogen. Last year, they introduced the world’s first large-scale Compressed Hydrogen (C-H2) ship.

The C-H2 ship will have an electric drive propulsion system powered by fuel cells onboard. The ship will deliver a zero-emission marine transport solution. The company will have higher volumes in comparison to those offered by other compression technologies.

GEV has a strong reputation for developing compressed gas carriers, and this will benefit the engineering and design of the ship. The company is aiming for the first shipping fleet to be available by the mid-2020s.

“We’re creating a global market and supply chain for hydrogen. Let’s compress, store and put it on the ship and move it to the market as soon as we can.”

Martin Carolan, Global Energy Ventures

How much hydrogen can be transported?

Compression is the preferred solution for marine hydrogen transport.  The density of compressed hydrogen is much lower than other alternatives, like ammonia. Global Energy Ventures transporting range will be between 2000-4000 nautical miles. They can transport a volume between 200,000-400,000 tonnes. GEV is demonstrating the simplicity and energy efficiency of green hydrogen shipping.

Likely transport routes

Global Energy Ventures is looking to the northern parts of Australia, where there is an abundance of renewable hydrogen to be developed and produced. A likely route for transport will be from the northwest of Australia to Singapore. South Korea, Japan, Morocco, and the Middle East region are also major key growth markets.

Europe is a leader in the commercialisation and implementation of hydrogen and is also a key focus area for GEV. They have teamed up with some impressive organisations, recently signing a partnership with a very large consulting group, Bailiff.

Safety when shipping hydrogen

Hydrogen is a gas and it is a delicate product to deal with. However, compression is used as the onshore storage and transport method and has been for many years. Global Energy Ventures operates at a pressure of 250 bar or 303,600 psi, and onshore applications are already using standards such as 300, to 700 bar.

Therefore, Global Energy Venture’s compression, storage, and transport of green hydrogen will have strict safety processes in place.

Other climate news this week:

In order to decarbonize shipping by 2050, it will cost $1.9 trillion worth of investment.

Ticker Climate co-host and energy expert, Scott Hamilton says there will be an enormous market for green fuels in global shipping.

“Companies like Yara, who are looking at green ammonia, that is one of the possible fuels that will be used to power shipping around the world in the future.”

Scott Hamilton

https://twitter.com/tickerNEWSco/status/1409426758907035650

You can watch this week’s full episode here:

Ticker Climate

Holly is an anchor and reporter at Ticker. She's experienced in live reporting, and has previously covered the Covid-19 pandemic on-location. She's passionate about telling stories in business, climate and health.

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Ticker News is available on podcast apps and iHeartRadio

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Ticker is available on podcast apps, allowing you to hear the latest news, plus special programs.

 

Ticker is available as a podcast and a 24/7 radio channel on iHeartRadio.

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Trump’s campaign tactic – debase and disgrace the legal process

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Donald Trump, former president of the United States, hated Arraignment Day I in Manhattan two months ago, the first time a former president had been criminally charged. 

Trump was being forced against his will into a proceeding he had utter contempt for.  He was being arrested and fingerprinted and photographed under an indictment under the jurisdiction of Manhattan in New York City for allegations of hush money payments and fraudulent bookkeeping practices to conceal criminal activity. Trump heard the charges read out against him and he entered a plea of not guilty.

Trump had a terrible day. Trump wore a scowl throughout. His countenance was fearsome.  What Trump hated most about his arraignment in New York is that he had to sit at a table with his counsel side by side with him — equal to him — and with the judge above him looking down on him. Trump could not control the discussion and could not interrupt to make his points.

Trump was subordinate to the judge. He was subordinate to no one as president.

Arraignment Day II

Arraignment Day II in Miami will be worse from Trump, even more stressful.  The charges are substantially more serious:  the alleged violation of federal criminal statutes involving the alleged mishandling and illegal possession of classified documents, lying to legal authorities, and obstruction of justice.  Potential penalties run to years in prison and millions of dollars in fines.

Trump throughout his business life had always crafted his affairs to avoid being a defendant. But in his term in office, he was caught up in it big time. He was a defendant in two impeachment trials – again, unprecedented events – and left office in disgrace.

But Trump does not feel disgraced. He never does.  Trump does not have a reverse gear.  He never retreats.  Never admits. Never concedes. Never yields.  Trump is never embarrassed. Trump never feels ashamed. When something goes wrong, it is always the fault of someone else.

And Trump never repents.

Trump can feel this way because Trump is waging war on behalf of his armies in “the final battle” for the future of the county. In his first, fiery post-indictment speech in Georgia, Trump said, “They’ve launched one witch hunt after another to try and stop our movement, to thwart the will of the American people.  In the end, they’re not coming after me. They’re coming after you … “Either we have a Deep State, or we have a Democracy…Either the Deep State destroys America, or WE destroy the Deep State.”

It is a powerful formulation, and his true believers love it.

Hours later, In North Carolina, Trump mainlined his distilled message for the Republican crowd:

“We are a failing nation. We are a nation in decline. And now these radical left lunatics want to interfere with our elections by using law enforcement.

It’s totally corrupt and we cannot let it happen.

This is the final battle.

With you at my side we will demolish the Deep State.

We will expel the warmongers from our government.

We will drive out the globalists.

We will cast out the communists.

We will throw off the sick political class that hates our country.

We will roll out the fake news media.

We will defeat Joe Bide and we will liberate America from those villains once and for all.”

Any lesser mortal would be staggered by these events.  Any other presidential candidate would be driven from the race.  But not Trump.

Debase and disgrace

Trump is using the same playbook today as he successfully triggered after being charged in New York:  debase and disgrace the legal process by terming it completely political.  Trump said the federal indictment is “election interference at the highest level.”

Almost every other Republican running for president has adopted this line, insulating Trump from pressure to leave the field.

Trump’s chief opponent, Florida Governor Ron DeSantis said after these indictments: “The weaponization of federal law enforcement represents a mortal threat to a free society. We have for years witnessed an uneven application of the law depending upon political affiliation.”

Republican congressperson Nancy Mace: “This is a banana republic. I can’t believe this is happening.” Rep. Marjorie Taylor Greene: “Democrats are arresting their political enemies. and they work together in their corrupt ways to get it done.”

Trump is using his affliction to raise millions of dollars from his base.

Trump will likely face Arraignment Day III in Georgia in August.  A state prosecutor is expected to charge Trump with criminal interference in the certification of Georgia’s vote for Joe Biden in the 2020 presidential election.

As of now, there is no sign of cracks in Trump’s support among Republican voters.  There is no surge to another candidate.  What remains to be seen is whether Republican voters, as they see Trump spend his days in courtrooms and his evenings at rallies around the country, reach a conclusion that this is a spectacle too far, too much to bear, and that they want to turn to another conservative populist who stands for them in the political trials— and not the criminal trials – of 2024.

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Donald Trump’s legal woes will serve him well

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It’s not often that a U.S. President faces federal indictment, but if it’s going to happen to anyone, it might as well be Donald Trump first.

The news that Donald Trump is facing a federal investigation over the removal of secret documents from the White House in 2021 came as no surprise.

Keen watches of the Washington soap opera have seen this playbook before, albeit in a different form.

There is no doubt that Donald Trump is a Washington outsider. But as seriously damaged as he may be (thanks to the events of January 6), his support base has only grown whenever he faces scrutiny.

For his supporters, his legal woes mirror their own relationship with the government – a giant, unfair beast that picks and chooses its fights.

Trump is accused of storing sensitive documents—including those concerning matters of national security—in boxes, some even in a shower.

The documents were seized last August when investigators from the FBI executed a search warrant at Mar-a-Lago.

The Department of Justice has historically avoided charging people who are running for public office. Whether they should do that is a debate for another day. But it’s happening now. And it’s making it all too easy for Trump to claim there is a concerted campaign to get him away from the White House.

Trump exposed the deep state. IF they exist, they probably don’t want him back in power. Whether they exist doesn’t matter really, because plenty of Trump’s supporters agree with him, and believe the secret state is working against them. Call it QAnon, call it a conspiracy – it doesn’t matter in a democracy.

The DoJ now has to go all in. Failing to secure a conviction would be a serious embarrassment for the department.

This is the second time Trump has been indicted in recent months, yet the opinion polls show he only increases his popularity among MAGA and Republican voters. It leaves the Republican party in a difficult position. Support their leading candidate or support the law?

As other Republicans rallied around the embattled candidate, Trump held on to his loyal base of supporters.

For the Democrats, and for Biden, another reality will soon sink in – if Trump becomes President, and they lose office next year, how will a Trump-run DoJ deal with them?

Broadly, the tit-for-tat one-up-manship of U.S. politics is breaking tradition and potentially breaking the country.

 

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