Canada signs hydrogen deal with Germany, cites need to shun Russia energy

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The two nations inked a memorandum of understanding that commits them to backing transactions between Canadian hydrogen producers and Germany’s industrial manufacturing and energy distribution sectors

Canada, citing the need to shun Russian energy, on Monday signed an agreement with Germany that it said would accelerate work towards the commercial-scale trade of clean hydrogen fuel.

“Canada is working with European allies to displace imports of Russian oil and gas and fight climate change with clean Canadian hydrogen. Canada can be a world-leading producer and exporter of clean hydrogen,” the federal natural resources ministry said in a statement.

 

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