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...
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. I think it is even more expensive now.
Easier to burn CH4 than use energy to split out the H2, then compres it, then store it.
Dollar costs of physical things (pre tax) quite accurately measure how much effort it takes to produce/acquire that thing.
Hydrogen being more expensive than X quite stronly suggests that it is much more effort to get than X.
All well and good until you have producers burning (or otherwise using) the cheap, taxed fuel to produce the expensive, subsidized one while creating more net pollution in the process. It's hard to get this stuff right at the best of times.