In case you hadn’t noticed, many of the largest, most successful companies in the U.S. and Canada are placing big bets on the energy transition. Take “blue” hydrogen, which is produced by breaking down natural gas into hydrogen and carbon dioxide and capturing and sequestering most of the CO2, and blue ammonia, which is made from blue hydrogen and nitrogen. Last fall, Air Products & Chemicals announced a multibillion-dollar project in Louisiana, and now it’s a joint venture of Enbridge and Humble Midstream, which is planning a large, $2.5 billion-plus blue hydrogen/ammonia project down the Texas coast, at Enbridge’s massive marine terminal in Ingleside. In today’s RBN blog, we discuss what we’ve learned about the companies’ plan.