Loading...
Loading...
Canada can be a ‘superpower’ in sustainable energy
Canada can be a ‘superpower’ in sustainable energy

Canada can be a ‘superpower’ in sustainable energy

German Chancellor Olaf Scholz believes Canada can become a ‘superpower’ in sustainable energy, ahead of the two countries signing a major hydrogen deal this afternoon in Newfoundland.

Addressing a Canadian-German Chamber of Commerce event in Toronto, he said, “Canada has everything that Russia has – only with a better investment climate, and it’s a democracy. Canada has boundless potential to be a superpower in sustainable energy and sustainable resource production.”

Scholz, acknowledging the world is in the midst of a “perfect storm” of geopolitcal challenges, demand and supply pressures, rising inflation and the pandemic, said Germany is moving away from Russia energy “at warp speed”, and it will look to increase its LNG imports.

“Canada will play a big role in this,” he said.

... to continue reading you must be subscribed

Subscribe Today

To gain access to this article and all our other content, you will need to subscribe to H2 View.

From the latest print editions, to 24/7 online access to exclusive interviews, authoritative columnists and the H2 View news archive, a subscription is the best way for you to stay up to date with developments in the hydrogen community.

Please wait...