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Natural Resources committee  That's a great question, but to be honest with you about our ability predict exactly how this market is going to shake out over the next five to 10 to 20 years, I don't think we're capable of doing that. I would just say that obviously, as everybody has said today, these markets

June 14th, 2021Committee meeting

Simon Moore

Natural Resources committee  I apologize. That's one part of the hydrogen coming out of this facility. A significant part of the hydrogen coming out of this facility is going into the pipeline network to support the refining, chemical and petrochemical market as well. I'm sorry about that.

June 14th, 2021Committee meeting

Simon Moore

Natural Resources committee  Again, what these renewable energy-driven facilities come down to, of course, is the cost of renewable energy. Whether that be wind, solar, hydro, or perhaps in some parts of the world even nuclear, if there's low-cost electricity on a renewable basis available there, that would

June 14th, 2021Committee meeting

Simon Moore

Natural Resources committee  This is a pipeline network that Air Products built, owns and operates, and it's only for moving hydrogen.

June 14th, 2021Committee meeting

Simon Moore

Natural Resources committee  That's a great question. That feels as though it could open up a long conversation. In terms of the opportunity to perhaps blend hydrogen into a natural gas pipeline, I've seen various studies in which up to 10% hydrogen, or perhaps 20%, could be blended into the natural gas li

June 14th, 2021Committee meeting

Simon Moore

Natural Resources committee  It's a great question. I think pipeline and the transportation of liquid hydrogen and the transportation of gaseous hydrogen via truck will all be part of the answer in different places. I think what's important is to make sure there is a level or an open playing field. You're

June 14th, 2021Committee meeting

Simon Moore

Natural Resources committee  We're proud of our innovative project, but I can't say it's unique to Air Products. As we shared in our press release and our comments last week, we are very much looking forward to doing additional similar projects in the area. As you pointed out, again this goes back to the ab

June 14th, 2021Committee meeting

Simon Moore

Natural Resources committee  Again, I think there are a lot of different ways to create the value for the sequestered CO2. I think if a program was based on the capital spent, I would unfortunately incent spending more capital. If the program is based on CO2 in the ground, then it's going to incent putting C

June 14th, 2021Committee meeting

Simon Moore

Natural Resources committee  Can I just make sure I understand the question? When you say “distributed produced hydrogen”...? I apologize.

June 14th, 2021Committee meeting

Simon Moore

Natural Resources committee  Thank you. I apologize. I don't think we would ever suggest that this exciting project we announced last week would support all of western Canada's transportation needs. I think just some rough numbers for an order of magnitude are that the liquid hydrogen from this facility cou

June 14th, 2021Committee meeting

Simon Moore

Natural Resources committee  Perhaps I could comment. Thank you very much. Again, we think there is a tremendous framework in place. Quite frankly, that's one of the reasons we were excited to announce our project last week. I did make a couple of suggestions in my remarks about some things to keep focused

June 14th, 2021Committee meeting

Simon Moore

Natural Resources committee  I would say that we have not heard that people are particularly concerned about the safety of hydrogen. I think everybody should bring a respect to using any type of energy source, whether that be gasoline, diesel, a battery or hydrogen, and we're very comfortable that when hyd

June 14th, 2021Committee meeting

Simon Moore

Natural Resources committee  Thank you very much. Again, for this net-zero project, we expect the CO2 to be sequestered, not used for enhanced oil recovery.

June 14th, 2021Committee meeting

Simon Moore

Natural Resources committee  No. I was just happy to hear the acknowledgement that the hydrogen industry has a standard for dispensing fuel into the vehicles, which is obviously very important.

June 14th, 2021Committee meeting

Simon Moore

Natural Resources committee  Thank you. We'd be happy to do that.

June 14th, 2021Committee meeting

Simon Moore