Europe outpaces US and China in hydrogen investment, says EU president

From transportation to heavy industries, clean hydrogen has emerged as a key element in the transition to climate neutrality — and the EU wants to ensure that the fossil-fuel alternative joins its arsenal. In a speech to representatives of hydrogen’s entire value chain, Commission president Ursula von der Leyen set out how the bloc’s strategy is driving private investment. “Europe is now attracting more investment in clean hydrogen than the US and China combined,” she said. The union’s roadmap essentially consists of three elements: clear rules, public funding, and international agreements. Von der Leyen noted that the EU’s regulatory framework…

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