ESG & Investing

Hedge Fund Boss Calls Hydrogen Bets ‘Complete Waste of Time’

  • Argonaut’s Barry Norris says he’s shorting hydrogen stocks
  • Impax CEO says 10-15 years out, hydrogen looks a lot better

A hydrogen pumping station in Berlin, Germany. 

Photographer: Sean Gallup/Getty Images
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Hydrogen is a losing bet for investors interested in making money in the foreseeable future, according to Barry Norris, the founder and chief investment officer of UK hedge fund Argonaut Capital Partners.

“It’s a complete waste of time, unfortunately,” London-based Norris said in an interview.