Canadian provinces want more federal hydrogen support
The country’s incentive scheme must be similar to the US’ if its hydrogen economy is to remain competitive, provincial ministers say
Canada must consider federal tax supports for its clean hydrogen industry, similar to those in the US Inflation Reduction Act (IRA), if it is to remain competitive with its southern neighbour in attracting investment, according to provincial energy ministers. The federal government has not yet identified the form its tax support may take, or when it might come into force, although Canadian natural resources minister Jonathan Wilkinson said in October that it would happen. Ottawa released a hydrogen strategy in late 2020, and Canada and Germany signed a hydrogen cooperation deal in August to promote exports from the former to the latter. But the provinces of Alberta and Newfoundland & Lab
Also in this section
18 December 2024
Central Asian country’s vast wind and solar resources have attracted a $50b electrolytic hydrogen mega-project aimed at exporting to Europe
17 December 2024
Sultanate prepares to offer international hydrogen project developers more land concessions but refines auction design as global industry sentiment cools
17 December 2024
Siemens Energy and Air Liquide collaborate on first commercial-scale electrolyser to be deployed at an industrial site in Europe
16 December 2024
Sustainable aviation fuel from electrolysis has great potential for reducing aviation sector emissions, but cost, energy requirements and the need for substantial investment stand in the way of take-off