Rowland Brown

Cirrus Capital warns against investing public money in green hydrogen

Cirrus Capital warns against investing public money in green hydrogen

Ester Mbathera Cirrus Capital, a corporate advisory, capital raising, and research company, has warned against public borrowing or any use of taxpayer subsidies for the development of green hydrogen initiatives. In a commentary released last week, the company’s founder, Rowland Brown, said the warning stems from the risks surrounding green hydrogen. “We further note that Namibians should hope that the hydrogen hype delivers. However, using Namibian public funds for this is nothing short of reckless, especially given the ample other, very real, demands on the public purse. Using Namibian tax-payers funds, whether from the revenue of today or through borrowing…
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