"Germany plans to promote ‘green’ hydrogen with €7 billion"

I'm starting to think there may be something to this whole hydrogen thing.

From Euractiv:

The German government adopted its national hydrogen strategy yesterday (10 June), with plans to ramp up production capacity to 5 GW by 2030 and 10 GW by 2040. To achieve this, €7 billion will be invested in new businesses and research. EURACTIV Germany reports.

When he presented Germany’s hydrogen strategy in Berlin yesterday (10 June), economy minister Peter Altmaier (CDU) called the 28-page document the “greatest innovation since the EEG”, a reference to the landmark German renewable energy sources act which came into force in 2000.

With this “quantum leap,” Germany wants to become the world leader in hydrogen technologies, added Altmaier, who was speaking alongside three other ministers.
This is the first time that Germany has set itself quantitative targets for the production of hydrogen.
By 2030, Germany aims to have generators with a total capacity of up to 5 GW, which corresponds to hydrogen generation of about 14TWh. By 2040, capacity should be increased to 10 GW.

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Most of the energy required will be provided by offshore wind farms, while the 14 TWh would require about 20 TWh of green electricity.
The Social Democrats (SPD) had demanded twice that amount. However, when the federal government presented its economic stimulus package last week, the cabinet quickly reached an agreement.

Of the €130 billion promised in the economic stimulus package, €7 billion will now be spent to create a demand-driven market for hydrogen produced at competitive costs.
So far, the production of hydrogen from renewable energies has only been possible in small quantities in so-called “real laboratories” that determine how electrolysis can be scaled up....

....MUCH MORE

Of course before we go much further we'll have to see if Cavendish or Lavoisier had any objectionable tweets or other social media when they were younger..
The fact that both of them had family connections to the upper nobility of their respective countries may be reason enough to stop the pursuit of hydrogen.
Oh, and they were both wealthy.