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Environmental

Our commitment to sustainability

When considering the progress of worldwide carbon reduction goals by 2050, it is clear that traditional renewables, wind and solar, cannot deliver on Climate Change targets, and it is increasingly obvious that hydrogen will play a critical role as a low-carbon fuel for both electricity generation and transportation. 

 

Paladin Hydrogen (PLH) was established to develop and deliver environmental and social sustainability initiatives for the coal industry worldwide. The founders and major shareholders of PLH are committed to cleaning up the coal industry by implementing its unique coal to hydrogen technology, thereby enabling the coal industry to transition to a carbon free energy future whilst still delivering cheap and reliable base load electricity but without GHG emissions.

 

Renowned institutes like the International Renewable Energy Agency, the Energy Transitions Commission, and the Hydrogen Council anticipate as much as 18 percent of final consumption to be provided by hydrogen by 2050.

 

Green hydrogen however, remains costly to produce and is currently non-viable for large scale production, so alternative clean hydrogen production technologies are being actively developed. For example, the traditional and cost effective hydrogen production method of gasification of fossil fuels, is being boosted by the use of carbon capture and storage (CCS) of CO2 emitted during the gasification process.

Paladin Hydrogen’s unique C2H2 technology is being lauded as a credible and viable method for the mainstream production of cheap, reliable, zero carbon hydrogen. Although using coal as a feedstock, the C2H2 Process utilises the carbon content of coal in a series of chemical reactions to produce zero carbon hydrogen with no combustion of the coal.

 

Green Bond Corporation, a Luxembourg based renewable energy infrastructure funding group, with its own carbon trading platform, has signed an Agreement with Paladin Hydrogen for the issue and purchase of Environmental Credits generated by means of Paladin’s C2H2 Process. Other credible multi-national companies have approached Paladin Hydrogen and expressed interest in the company’s C2H2 Process and its unique technology.

 

The underlying technologies that form part of Paladin Hydrogen’s C2H2 Process are covered by Australian and overseas patents and are lauded for their potential in combating Climate Change.

Paladin Hydrogen’s C2H2 Process eliminates emissions from the use of coal.  C2H2 uses the carbon from coal as a feedstock into its reactors to create clean hydrogen with no combustion of coal, and therefore no emissions.  Despite the huge investment into  wind and solar throughout the world, coal is still in increasingly high demand because it is the cheapest and most reliable source of base load energy. As a result, millions of tonnes of CO2 will be emitted from the world’s more than 2,400 coal fired power stations for the next 30-40 years. C2H2 can potentially eliminate  these emissions by channelling  thermal coal into reactors to create clean hydrogen for base load power.

Meeting many of the outcomes as established by the United Nations 2030 Sustainable Development Goals (SDGs) may indeed be achievable.

Paladin Hydrogen provides a genuinely carbon-zero footprint from the production of hydrogen, which includes ensuring our Scope 3 emissions are recycled and neutralised within the C2H2 closed loop system. Scope 3 is defined by the EPA as emissions generated for example by a third party supplier of materials used in production. Traditional lime is used in the C2H2 process, and the lime we use is purchased from suppliers who burn limestone to produce lime, which in turn emits CO2. Despite these emissions being defined as Scope 3 emissions, Paladin Hydrogen has committed to eliminating them by developing its own green lime production process within the overall C2H2 Process. This is named Cseq, our carbon sequestration process.

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Scope 1

Scope 1 emissions are direct greenhouse (GHG) emissions that occur from sources that are controlled or owned by an organisation (e.g., emissions associated with fuel combustion in boilers, furnaces, vehicles).

Paladin achieves carbon zero in respect of Scope 1 emissions.

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Scope 2

Scope 2 emissions are indirect GHG emissions associated with the purchase of electricity, steam, heat, or cooling. Although scope 2 emissions physically occur at the facility where they are generated, they are accounted for in an organisation’s GHG inventory because they are a result of the organisation’s energy use.

Paladin achieves carbon zero in respect of Scope 2 emissions.

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Scope 3

Scope 3 emissions are the result of activities from assets not owned or controlled by the reporting organisation, but that the organisation indirectly affects in its value chain.

 

Paladin has chosen to achieve carbon zero in respect of its Scope 3 emissions.

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