The world's largest green hydrogen project, which generates hydrogen from solar and wind renewables without emitting carbon dioxide, produced its first batch of "green hydrogen" on Thursday in Ordos, Inner Mongolia Autonomous Region in north China.
This is a great example of how real progress happens outside capitalist relations. Developing something genuinely new takes a lot of false starts, and it’s hard to predict when it’s going to become profitable. No capitalist wants to invest money into an idea indefinitely without knowing whether they’re going to get a return on it. This can only be done at state level when technological advancement is pursued outside the profit motive.
This is a great example of how real progress happens outside capitalist relations. Developing something genuinely new takes a lot of false starts, and it’s hard to predict when it’s going to become profitable. No capitalist wants to invest money into an idea indefinitely without knowing whether they’re going to get a return on it. This can only be done at state level when technological advancement is pursued outside the profit motive.