Hydrogen pathways to net-zero
The race to net-zero is on. Canada has an opportunity to pull to the front of the pack as global leaders in the hydrogen economy. The Government of Canada estimates Canada’s hydrogen opportunity at $50 billion and 350,000 jobs in addition to reducing emissions by 90 megatonnes or about 25% of our current carbon footprint by 2050. Our strategic advantages are numerous and, as a resource-based economy, it’s these raw materials/feedstocks that could allow Canada to lead the world in powering a hydrogen future. Governments must take on a starring role in de-risking hydrogen investments to provide a path for private sector funds to flow in or we risk stalling. Investing in our resource economy today will help us ensure a sustainable tomorrow.