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The Canada Clean Hydrogen Series, Part 1 – A Foundation For A Strong Hydrogen Economy?

The Canada Clean Hydrogen Series, Part 1 – A Foundation For A Strong Hydrogen Economy?

The federal and a number of provincial governments have released strategies in the past few years to help develop a strong clean hydrogen economy in Canada in the coming decades to stimulate economic growth and job creation and to slash the country’s greenhouse gas (GHG) emissions.

In its strategy released in December 2020, the feds pegged the potential size of the hydrogen prize at $50 billion in domestic revenue by 2050, and possibly another $50 billion in export revenue — compared to oil and gas export revenue of $119 billion in 2019. The short-term goal of the federal strategy is to lay the foundation for Canada’s hydrogen economy by mid-decade.

“However, other countries are already building the value chains and regulatory/policy environments to enable full commercialization of fuel hydrogen in strategic areas. Canada is falling behind in this area despite the opportunities we have as one of the world’s lowest cost producers of low GHG hydrogen.”

In terms of hydrogen hubs, Edmonton “is probably the best positioned in Canada, since it already has significant hydrogen production supporting existing markets, and it has proven ability and the infrastructure for CCS. A slipstream of low GHG hydrogen production diverted to new markets could start to transition domestic fuel markets in the region.”

In the case of ATR-CCS hydrogen production, Western Canada has the advantage of lower cost natural gas, government owned pore space for CCS, and some taxes on carbon emissions. However, the U.S. is more generous in its tax credits for CCS than is Canada.”

As a result, Layzell continues to expect the export of Alberta produced blue hydrogen by pipeline to the U.S., especially to the budding California market. “If technologies were to be developed to make it possible to repurpose existing natural gas pipelines, this export market could develop quickly,” he says.

“I would like to see federal and provincial governments get more serious about setting up a domestic fuel hydrogen economy in Canada,” says Layzell. “There needs to be better co-ordination of government funding to create this new value chain, in a way that there are no ‘weak links’ that undermine the strength of the entire chain. The current system is highly fragmented and will not generate the outcomes that Canada wants and needs.”

And the focus of governments should not be just hydrogen hubs, but corridors connecting these hubs, and either shipping in the hydrogen or making it on-site, according to Layzell. “If the primary objective of the hydrogen economy is to reduce GHG emissions, while creating jobs and economic opportunity, then I think it is best to focus on the creation of hydrogen corridors where the primary market is heavy-duty transportation, but other markets can be served.” |Read more https://www.dailyoilbulletin.com/article/2023/7/24/the-canada-clean-hydrogen-series-part-1-a-foundati/| dailyoilbulletin.com/article/2…

#cdnpoli #hydrogen #emissions #economy #government #opportunity

New note by stevem

You have five years on me, but yes, I’ve heard the talk about baby boomers. The lack of funds might not be as big of problem as they expected 30 years ago. With our greed for fossil fuels, energy and plastic, we are doing well to make the planet unlivable, as evident from the large number of our population being displaced by an ever increasing warming planet. The amount of immigrants coming into the country should help offset the costs of the baby boomers.

If Covid-19 was manufactured with a specific reason in mind, I don’t know that I would call it a success. Agreed, there were a lot of elderly people who perished in care homes, but the majority of thee were private care homes rather than government run care homes. If the Canadian government was going to be a stakeholder or partner in the Great Reset, then you would think they would have let these people die, like they did in private care.

A lot of this talk about a new world order, and a flat currency depends on the total destruction of the United States. The article I read (whether it was one of these or one linked to one of these) doesn’t see that happening anytime soon. Plus some of the original planners are getting old now, and more apt to maintain the status quo, rather than continually push for change.

There’s been a lot of discussion on these issues, article read, and organizations formed but how it all fits together is still very vague, and not all the would be partners can agree on various issues. For example, the big players in the food industry:

“Abandoning pesticides is not on the table. How come?” asks Sofia Monsalve of FIAN International, a human rights organization focused on food and nutrition. “There is no discussion on land concentration or holding companies accountable for their environmental and labour abuses.” This fits into a bigger picture Monsalve sees of large corporations, which dominate the food sector, being reluctant to fix the production system. “They just want to come up with new investment opportunities.”

“The signatories to the letter fear that, with corporate involvement in the summit, food will continue to be treated “as a commodity and not as a human right”. If unchanged, industrial food systems will continue to have irreversible impacts on our health and the health of our planet.”

Then other stakeholders like the petroleum industry in Russia. Who will convince them to compromise?

How do you tell Bill Gates the Chinese will have a controlling interest?

A lot of this talk has died down since 2020, when Pierre Poilievre brought it to our attention. It brings with it a lot of talk about conspiracy theories, rather real or imaginable, it doesn’t matter. Poilievre had to let this issue alone, as no one was buying it. In order to be prime minister, I guess you have to have some ounce of credibility. Whether it resurfaces or not, in the coming years, is something we’ll have to wait and see.

Likewise, I think we’re still a long ways away from seeing stakeholder capitalism, and a one world government share controlling interests in world profit.. Getting these huge companies to agree on the same agenda, is apt to take many, many years.

Steve MacLellan

Ramble On