Canada will be investing in hydrogen fuel as a critical step in the path towards reaching net-zero carbon emissions by 2050, Minister of Natural Resources Seamus O’Regan announced on Dec. 16.
The government has launched the Hydrogen Strategy for Canada, a framework that establishes a rollout plan for the development and promotion of hydrogen capture and fuel technology, backed by an investment of $1.5 billion. According to the announcement, the use of low-carbon and zero emission hydrogen has the potential to reduce annual greenhouse gas (GHG) emissions by up to 45 million metric tonnes by 2030 and create up to 350,000 new jobs by 2050.
