Investing Ideas

What to Know about Investing in Hydrogen

Hydrogen is an energy source that emits no greenhouse gases when burned.

The only waste product is water vapor, making it a cleaner energy source than fossil fuels such as natural gas, oil, and coal.

There are several ways to produce hydrogen. Some methods result in the production of carbon dioxide as a byproduct. For example, the industry describes hydrogen obtained from burning natural gas as "blue hydrogen." Using this form of hydrogen requires carbon capture and storage to keep the associated carbon dioxide underground to eliminate greenhouse gas emissions. Another method uses renewable energy to power an electrolyzer that splits hydrogen from water molecules.

Air Products (APD) is one of the world leaders in supplying industrial gases. It's a global leader in liquefied natural gas (LNG) processing technology and equipment. It's also one of the world's largest suppliers of merchant hydrogen and a leader in hydrogen fuel infrastructure. It has more than 100 hydrogen plants with the capacity to produce 7 million kilograms of the fuel each day.

International

Philippines 2023 GDP Rises 5.6% YoY, Est. +5.5%

The news about the Philippines' 2023 healthy GDP growth despite numerous natural disasters and other challenges in the previous year, could potentially boost the country's stock market by creating a positive economic environment and attracting foreign investors.

U.S. Economy

Fed to Hold Interest Rates Steady But Start Considering Cuts

The U.S. Federal Reserve yesterday completed its two-day policy meeting and will likely hold interest rates steady for a fourth straight meeting but avoid signaling an imminent interest-rate cut.