Canada and Germany sign new hydrogen deal
Ottawa: Prime Minister Justin Trudeau and German Chancellor Olf Schulz signed the new hydrogen deal in Newfoundland and Stephanville Town, Labrador.
The deal came to an end during the hydrogen trade show.
After this deal, Canada and Germany said that after this new agreement, a new hydrogen supply chain will start. Not only this, its first delivery will start in just three years.
During this agreement, it has been decided that Canada will be responsible for the production of hydrogen and Germany will focus on the shipping corridor to take it across the Atlantic.
Although Russia has not been included in this agreement, this agreement has been made to become self-reliant in the matter of energy as well as to give a message to President Vladimir Putin that his country’s days of remaining a superpower in global energy are about to come to an end.
Germany was looking for an alternative to fossil fuel to meet its climate commitments and reduce its energy dependence on Russia.
Meanwhile, Natural Resources Development Minister Jonathan Wilkinson said in an interview on Tuesday that the agreement was due to Putin’s ascent of Ukraine.
