Could they add H to CL then use the HCL and NAOH to drive a acid-base flow battery* during peak loads? I guess it'd be less efficient because the hydrogen would have to come from electrolysis.
Comparing the effect of one kg of H2 with one kg of CO2 is irrelevant if we don't know how much H2 is released compared to the amount of CO2 for corresponding processes to produce the same amount of goods.
It's remarkably hard to find organic compounds that are less-bad than CO2 though. It really is the very bottom of a local minimum.
CO2 by itself is not particularly bad. We are just emitting a LOT of it.