No. Hydrogen fuel cell electric vehicles are substantially worse than battery electric vehicles. Lets put some numbers behind this.
A typical battery electric vehicle gets something like 3.5 miles/kWh after transmission line losses. With the typical grid power in the US, which emits roughly 1.2lbs of CO2 per kWh, that amounts to something like 0.34 lbs/mile.
Hydrogen to fuel FCEVs is obtained by the steam reformation of natural gas. Steam reformation produces hydrogen and CO2 in the ratio of around 4 molecules to 1. If you do that math, that means you get 11 grams of CO2 to every gram of hydrogen. However, the reaction also takes 154kJ of heat per gram of hydrogen. If you get that heat by burning natural gas, which is the usual way, and the most efficient, it will emit another 8g of CO2. The Mirai’s tank stores 5kg of hydrogen, and it can go 312 miles on a tank, so its using about 16g/mile. That 16g of hydrogen is responsible for around 304g of CO2 emissions , or about 0.67 lbs per mile. That’s almost twice the emissions of a typical battery electric vehicle and substantially worse than, for example, a Prius. And this is all assuming no efficiency losses and ignoring the transport costs for the hydrogen. Hydrogen sucks. Its not a fuel. Its a very inefficient energy transport medium.
Several other answers suggest it would be more favorable to electrolyze water to obtain the hydrogen needed. However, this appears not to actually be the case. Practical electrolysis systems take around 50kWh per kg of hydrogen. With the typical electricity mix in the US, that will emit 60 pounds of carbon dioxide. And it will power the Mirai for 62 miles. That’s almost a pound of carbon dioxide per mile, which is actually beaten by the average light ICE vehicle. Again. Hydrogen sucks.
Aha! You might say - I can generate my electricity to power my electrolysis system using renewable power. Well, yes, you can. However, I can use that same electricity to power my battery electric vehicle. The problem is fundamental: a typical battery electric vehicle is getting 3.5 miles per kWh. Combining the Mirai’s efficiency and the efficiency of electrolysis you can only get 1.24 miles per kWh. Even if I assume my electrolysis is perfectly efficient and costs only 35kWh per kilogram, I can still only get 1.77 miles per kWh from the best fuel cell vehicle on the market. Whatever gains in the carbon efficiency of the grid can be made, they are better exploited by battery electric vehicles than by hydrogen ones.






