SINGAPORE (Reuters) – China’s Sinopec Corp, Asia’s largest oil refiner, said on Monday that it aims to be carbon neutral by 2050 with hydrogen as one core area for a low-carbon push.
As the country’s largest hydrogen producer, Sinopec will focus on fossil fuel-based hydrogen production in next five years and meantime also start introducing “green” hydrogen using solar and wind power, Chairman Zhang Yuzhuo told an earnings call.
Reporting by Chen Aizhu; Editing by Christian Schmollinger
source: reuters.com