The leaders of Germany and Canada said on Tuesday that a new hydrogen pact will kick-start a transatlantic supply chain for the fuel, with the first deliveries expected in just three years.
Canadian Prime Minister Justin Trudeau and German Chancellor Olaf Scholz signed the agreement in the port city of Stephenville, in the province of Newfoundland and Labrador.
A Canadian company has plans to build a zero-emissions plant that will use wind energy to produce hydrogen and ammonia for export.
“Russia’s illegal and unjustifiable invasion of Ukraine has accelerated everything,” Trudeau said.
Scholz said Canada is Germany’s partner of choice as the country moves away from relying on Russia for energy. “Our need may be even greater in the new circumstances,” Scholz said.
Natural gas prices rose as Russia reduced or cut natural gas flows to a dozen European Union countries, fueling inflation and raising the risk of Europe plunging into recession.
The Germans have been driven to cut gas use so that the country has enough for the coming winter.
The Canadian government on Tuesday signed separate agreements with Volkswagen and Mercedes-Benz that will guarantee the two German automakers access to Canadian raw materials for batteries in electric vehicles. The deals include Canadian cobalt, graphite, nickel and lithium.
Source: CNN Brasil
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