Involvement in blue hydrogen will negatively impact companies’ long-term credit ratings: Moody’s

‘High implementation risks’ of green hydrogen projects may also hit ratings, but to a lesser degree, agency adds

Carbon capture equipment at Shell's Quest facility in Canada, which produces blue hydrogen with very low capture rates. Shell points out that the site was not designed specifically for blue hydrogen so is not a good example of the technology.
Carbon capture equipment at Shell's Quest facility in Canada, which produces blue hydrogen with very low capture rates. Shell points out that the site was not designed specifically for blue hydrogen so is not a good example of the technology.Photo: Getty
Published 18 October 2022, 07:57Updated 18 October 2022, 08:00