
Shell Waves the White Flag on Hydrogen Cars – Oil Giant Dumps Its “Green” Gimmick
Well, that didn’t last long. In what might be the least surprising corporate U-turn of the year, Shell—the same ruthless, polluting, profit-obsessed oil behemoth that never met a fossil fuel it didn’t like—has officially thrown hydrogen cars under the bus. Six of its seven hydrogen fueling stations in California have been shut down permanently, leaving just one sad little outpost clinging to life, for now.
And why, you ask? Oh, Shell has its usual vague excuses lined up: “supply issues,” “market factors,” and other corporate buzzwords that translate roughly to: “We didn’t see enough dollar signs.” Hydrogen, once hyped as the fuel of the future, has been quietly shoved aside because, surprise surprise, it just wasn’t lucrative enough for Shell and its deep-pocketed investors—yes, BlackRock and Vanguard, we’re looking at you.