Hydrogen’s potential as an energy source is attracting renewed attention. It may take 20 years or so for the potential to be realized. But the effects are likely to be felt within the planning horizons of most long-term investors—a good reason to start thinking now about the investment implications.
Interest in the “hydrogen economy” is rapidly growing. Japan is collaborating with 30 countries to establish 10,000 hydrogen refuelling stations by 2030. France and Germany have made multi-billion dollar investments in a transition to hydrogen as part of their COVID-19 recovery plans. And the Australian government launched a fund in 2020 to help develop a hydrogen industry.
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