Today the Government of Newfoundland and Labrador released its hydrogen development action plan which lays out the government’s priorities to further position the province as a Clean Energy Centre of Excellence.
“Newfoundland and Labrador has everything it takes to be a global leader in hydrogen production,” said Kieran Hanley, econext‘s CEO. “This plan is an important signal to stakeholders that the province is serious about these opportunities and is doing what it can to help grow this industry in a methodical and strategic way.”
Hanley says that the production of clean fuels like hydrogen will not only have an important impact on the province’s economy, but also make a meaningful contribution in the global fight against climate change.
“In our travels to places like Germany and the Netherlands, it continues to be clear that Europe needs clean fuels from jurisdictions like Newfoundland and Labrador to both decarbonize and increase their energy security.”
“Newfoundland and Labrador is on the frontier of a new global industry,” said Hanley, “and this plan outlines what needs to be done so that we can seize the opportunity.”
econext is an association of businesses that accelerates clean growth in Newfoundland and Labrador and works on behalf of over 200 members to foster environmentally sustainable economic development. More information can be found at https://econext.ca.
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