Germany signs memorandum of understanding for first crack at Canadian hydrogen. $13.7 billion. March 18th, 2024. [Neo-NAZI-Supporter] NATO created the problem with Germany's oil pipeline? Then sell them the hydrogen solution? - The Great Awakening

Germany signs memorandum of understanding for first crack at Canadian hydrogen. $13.7 billion. March 18th, 2024. [Neo-NAZI-Supporter] NATO created the problem with Germany's oil pipeline? Then sell them the hydrogen solution? (www.nationalobserver.com)

posted 309 days ago by Francewhoa 309 days ago by Francewhoa +26 / -0

Germany signs memorandum of understanding for first crack at Canadian hydrogen

The agreement signed in the northern German city of Hamburg by federal Energy Minister Jonathan Wilkinson and German Vice-Chancellor Robert Habeck is aimed at securing early access to the German market for Canadian hydrogen producers.

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– Francewhoa [S] 3 points 309 days ago +3 / -0

Summary & Source

agreement signed in the northern German city of Hamburg by federal Energy Minister Jonathan Wilkinson and German Vice-Chancellor Robert Habeck

project forecasts capital investment of $13.7 billion, for a total gross domestic product contribution of $9.4 billion and government revenue of $2.3 billion.

The new agreement commits both countries to finalize terms and conditions for an early access trade window no later than June 30. Wilkinson said the goal is to eventually run hydrogen auctions that will establish the price.

https://www.nationalobserver.com/2024/03/18/news/germany-signs-memorandum-understanding-canadian-hydrogen

https://www.bloomberg.com/news/articles/2024-03-18/canada-to-join-german-backed-effort-to-create-hydrogen-market

https://www.icis.com/explore/resources/news/2022/08/24/10798866/canada-germany-sign-agreement-for-canadian-hydrogen-exports-by-2025/

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