The Honourable Seamus O’Regan Jr. has just announced a $1.5bn Clean Fuels Fund for Canada at the virtual f-cell+HFC event.
“Today our Government is launching a new $1.5bn Clean Fuels Fund to facilitate the next generation of fuel production, including clean hydrogen, and to deliver on some of the early actions laid out by our Hydrogen Strategy,” Canada’s Minister of Natural Resources just told the event’s audience.
“Clean fuels are pivotal to fuelling our future, a future which continues to great good jobs. It strengthens our competitiveness and dramatically lowers our emissions.
“Today, clean fuels make up less than 5% of the energy mix. By growing our domestic market, and increasing our capacity to produce clean fuels, we can increase that share up to 60% – and that’s where it needs to be.”
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