Earlier quoted context omitted.
One can extract hydrogen from fossil fuels. So if a hydrogen break through is coming, they already have a cheap source for the material. Not really green though...
not really cheap either. I remember natural gas vehicles (busses and cars, like the honda civic). You could actually fill up at home if you had natural gas, but the electricity just to compress the natural gas for the car cost as much or more than the compressed fuel in the car. For hydrogen, it is even harder. take a look at cars running compressed hydrogen. I remember $17 for the equivalent of a gallon of gasoline.…
This is currently the cheapest and most used method (around 60%). Coal (around 20%) and oil (around 20%) are also used for hydrogen production.
Green hydrogen is below 1%.
So fossil fuels are still currently the cheapest option there. Just not a green one.