Canada's Hydrogen Strategy

Following its recent announcement of A Healthy Environment and a Healthy Economy, an accelerated climate plan for Canada, the Government of Canada released the Hydrogen Strategy for Canada: Seizing the Opportunities for Hydrogen on December 16, 2020. The Strategy seeks to galvanize Canadian production, use, and export of clean hydrogen as an important element in reducing carbon emissions to net zero by 2050, while maintaining Canada's role as a leading global energy player.

The Strategy expects that carbon pricing, to reach $170 per tonne by 2030 under the new climate plan, and the soon to be released Clean Fuel Standard for liquid fuels, will play a key role in channeling investment to the emerging hydrogen economy. Funding for hydrogen projects is also available through the $1.5-billion Low-carbon and Zero-emissions Fuels Fund announced in the new climate plan.