Macroeconomic Factors Influencing Public Policy Strategies for Blue and Green Hydrogen

Roberto Fazioli and Francesca Pantaleone
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Roberto Fazioli: Department of Economics, University of Ferrara, 44121 Ferrara, Italy
Francesca Pantaleone: Department of Economics, University of Ferrara, 44121 Ferrara, Italy

Energies, 2021, vol. 14, issue 23, 1-18

Abstract: The aim of this paper is to analyze the factors affecting hydrogen and Carbon Capture and Storage Technologies (“CCS”) policies, taking into consideration Fossil Fuel Consumption, Oil Reserves, the Debt/GDP Ratio, the Trilemma Index and other variables with respect to OECD countries. STATA 17 was used for the analysis. The results confirm the hypothesis that countries with high fossil fuel consumption and oil reserves are investing in blue hydrogen and CCS towards a “zero-carbon-emission” perspective. Moreover, countries with a good Debt/GDP ratio act most favorably to green policies by raising their Public Debt, because Foreign Direct Investments are negatively correlated with those kinds of policies. Future research should exploit Green Finance policy decision criteria on green and blue hydrogen.

Keywords: blue hydrogen; green hydrogen; carbon capture; sustainability; energy transition (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (5)

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