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Ballard Applauds Canadian Government's Introduction of a Progressive Hydrogen Strategy

Ballard Applauds Canadian Government's Introduction of a Progressive Hydrogen Strategy ...

articleBallard Power Systems Inc.December 16, 20203/company/ballard-power-systems-inc/news/ballard-applauds-canadian-governments-introduction-of-a-progressive-hydrogen-strategy
Ballard Applauds Canadian Government's Introduction of a Progressive Hydrogen Strategy

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[{"type":"text","content":"\n \n \n \n Ballard Applauds Canadian Government's Introduction of a Progressive Hydrogen Strategy\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n VANCOUVER, BC\n \n ,\n \n Dec. 16, 2020\n \n /CNW/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) recognizes and applauds\n \n Canada's\n \n Federal Government and\n \n Canada's\n \n Minister of Natural Resources, the Honourable\n \n Seamus O'Regan\n \n , for today's launch of the\n \n Hydrogen Strategy for\n \n Canada\n \n \n (\n \n \n read here\n \n \n ), a critical step toward realizing the goal of carbon neutrality in\n \n Canada\n \n by 2050 as part of the global fight against climate change.\n \n \n \n \n \n \n \n \n \n \n Canada\n \n now joins 31 other countries in recognizing the critical role of hydrogen in the energy transition. With hydrogen as a keystone underpinning\n \n Canada's\n \n \n Climate Action Plan\n \n , a pathway is provided to decarbonize segments of the economy that are otherwise difficult to abate. This includes Heavy- and Medium-Duty Motive applications – such as transit buses, commercial trucks, trains and marine vessels – that have a disproportionately large impact on the emission of CO\n \n 2\n \n and particulate matter.\n \n \n Propulsion power for these types of vehicles using zero-emission fuel cell engines and hydrogen as the fuel is a proven approach that not only advances carbon neutrality, but also generates employment and economic expansion in the emerging renewable energy sector of\n \n Canada's\n \n national economy.\n \n \n \n Randy MacEwen\n \n ,\n \n Ballard President\n \n and CEO commented, \"We are excited by the ambitious framework laid out in the\n \n Hydrogen Strategy for\n \n Canada\n \n \n , which seeks to position\n \n Canada\n \n as a global hydrogen leader and support\n \n Canada's\n \n path to net-zero carbon emissions by 2050. The strategy articulates a compelling vision for 2050, with up to 30% of\n \n Canada's\n \n energy delivered in the form of hydrogen, an established supply base of low carbon intensity hydrogen delivered at competitive ...

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