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Macroeconomic factors influencing public policy strategies for Blue and Green Hydrogen

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  • Roberto Fazioli
  • Francesca Pantaleone

Abstract

The aim of this paper is to analyze the factors affecting Hydrogen and CCUS policies, taking into considerations Fossil Fuel Consumption, Oil Reserves, Debt/GDP Ratio, Trilemma Index and other variables with respect to OECD countries. STATA 17 has been used for the analysis. Results confirmed the hypothesis that countries with big fossil fuel consumption and oil reserves are investing in Blue Hydrogen and CCUS towards a “zero-carbon-emission†perspective. Moreover, countries with good Debt/GDP ratio are most favorable to Green policies by raising their Public Debt, since Foreign Direct Investments are negatively correlated with those kinds of policies. Blue Hydrogen combined with CO2 capture seems to be the most favorable policy in the short-term. Future research should exploit Green Finance policy decisions criteria on Green and Blue Hydrogen.

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  • Roberto Fazioli & Francesca Pantaleone, 2021. "Macroeconomic factors influencing public policy strategies for Blue and Green Hydrogen," Working Papers 20210510, University of Ferrara, Department of Economics.
    • Handle: RePEc:udf:wpaper:20210510
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    Cited by:

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    5. Dillman, K.J. & Heinonen, J., 2022. "A ‘just’ hydrogen economy: A normative energy justice assessment of the hydrogen economy," Renewable and Sustainable Energy Reviews, Elsevier, vol. 167(C).

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    Keywords

    blue; green; hydrogen; CCS; green finance;
    All these keywords.

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