First Hydrogen Corp (TSX-V:FHYD)
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Tuesday September 20 2022 - In the News
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The Globe and Mail reports in its Tuesday, Sept. 20, edition that global hydrogen production must double every year from 2023 to 2030 if it is to support a rapid clean energy transition and cut greenhouse gas emissions in hard-to-abate sectors such as heavy industry, maritime shipping, aviation and seasonal electricity storage, a group of international energy watchdogs say in a new report.The Globe's Emma Graney writes that ensuring the hydrogen is low-carbon, or produced using renewable power, will be key.Produced by the International Energy Agency, International Renewable Energy Agency (IRENA) and the UN Climate Change High-Level Champions group, the report recommends 25 international collaborative actions to help make clean power, electric vehicles, sustainable farming, and low-carbon steel and hydrogen the most affordable options as soon as possible.The Breakthrough Agenda Report 2022 also acts as something of an accountability lever. It was requested by 45 countries -- including Canada -- at the COP26 climate conference in Glasgow last year. They committed to make clean technologies the most affordable, accessible and attractive option in each major greenhouse gas-emitting sector by 2030.