A discussion paper on the province’s first hydrogen strategy is being released by the Ontario government.
The paper outlines how low-carbon hydrogen can help lower greenhouse gas emissions, support reliable and affordable electricity, help Ontario’s hydrogen sector to tap into the global market and reduce regulatory barriers.
The paper sets out a vision for a new hydrogen economy along with hopes that it will ultimately lead to job creation while protecting the environment.
“Our government sees tremendous potential in this new energy source, which can act as an alternative low-carbon fuel to heat and power our homes, as well as in the transportation and industrial sectors,” said Jeff Yurek, Minister of the Environment, Conservation and Parks. “During these challenging times, it’s never been more important to encourage new industries to contribute to Ontario’s economic recovery, while addressing climate change through innovative new ways.”
The discussion paper will now be put up for public consultation with the aim of having a hydrogen strategy in place for next year.