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

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 58 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 63%

Canada Canada Headlines News

Canada Canada Latest News,Canada Canada Headlines

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...

OTTAWA - 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.

The two nations inked a memorandum of understanding that commits them to backing transactions between Canadian"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.

Hydrogen is a zero-carbon fuel best suited for powering large industrial machines, heavy vehicles and for heating. More than 80 low-carbon hydrogen production projects have been announced in Canada to date. Last year one of the first projects delayed its start by one year because the operator's European customers needed more time to develop special infrastructure to handle the product. -- Cocoa futures have doubled in less than three months as their landmark surge intensifies, boosting costs for consumers and sending chocolate makers scouring for supply.

-- Protesters took to the streets of Cuba on Sunday in a rare outburst of social unrest as a fresh wave of blackouts exacerbated tensions on the cash-strapped island.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Canada signs hydrogen deal with Germany, cites need to shun Russia energyThe 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
Source: globebusiness - 🏆 31. / 66 Read more »

Canada signs hydrogen deal with Germany, cites need to shun Russia energyCanada, 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.
Source: CTVNationalNews - 🏆 82. / 51 Read more »