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World

Bill Gates says cheap green hydrogen would be 'huge deal' in energy transition

  • Gates also spoke about the so-called green premium, in which greener technologies sell at a premium to traditional materials or petroleum-based fuels.
  • "The green premium is the metric that says are you on your way to success in 2050?" Gates said at IHS Markit's CERAWeek.
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NEW YORK: Investor and philanthropist Bill Gates said at a virtual conference on Monday that cheap green hydrogen would be a "huge deal" in helping the energy transition.

Gates also spoke about the so-called green premium, in which greener technologies sell at a premium to traditional materials or petroleum-based fuels.

"The green premium is the metric that says are you on your way to success in 2050?" Gates said at IHS Markit's CERAWeek.

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