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Broker Marsh launches world first insurance for hydrogen projects
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Broker Marsh launches world first insurance for hydrogen projects
Business
Date posted: 22.08.2022
Category: Business News
LONDON, Aug 22 (Reuters) – Broker Marsh, a unit of Marsh & McLennan (MMC.N), said on Monday it was launching the world’s first dedicated insurance for hydrogen energy projects, as the nascent industry looks to scale up quickly in the fight against climate change.
As the world targets net-zero emissions by mid-century in an effort to cap global warming, hydrogen, particularly “green” hydrogen made from renewable energy sources, is seen as a crucial means of getting there.
Source: Reuters