Canada Announces “The Hydrogen Strategy”
Today's launch of the Hydrogen Strategy for Canada by the Honourable Seamus O'Regan was fantastic news for the country. A federal investment of $1.5B into a Low-Carbon and Zero-Emissions Fuels Fund coupled with the Clean Fuel Standard will help grow the country's economy. Additionally this incentive could potentially reduce annual GHG emissions by up to 45M tonnes/yr by 2030, while creating up to 350,000 new jobs by 2050.
Hydra was especially pleased to see the inclusion of dual-fuel co-combustion engines and the benefits of diesel engine retrofits as an important role in supporting hydrogen demand in the near term.
To read the entire report visit the Government of Canada’s Natural Resources Canada website.
