Mo 2 C deposited on silica is an effective catalyst for the decomposition of ethanol; the extent of the reaction approached 100% even at 623-673 K. Beside H 2 several C-containing compounds were produced, which caused the low yield of hydrogen. Preparation of Mo 2 C by the reaction of MoO 3 with multiwall carbon nanotube, however, dramatically altered the product distribution. The formation of hydrogen came into prominence; about 40% of hydrogen content of ethanol decomposed at 523-723 K has been converted into H 2 . Another feature of the Mo 2 C/C nanotube is the relatively slow deactivation. Adding water to ethanol further enhanced the hydrogen production.