Strategic Policy Economics cited in the Government of Ontario’s “Ontario Low-Carbon Hydrogen Strategy Discussion Paper”

“According to a report by the Green Ribbon Panel (2020), a group of Canadian nuclear and cleantech professionals chaired by Bruce Power, 23,000 hydrogen sector jobs could be created in Ontario based on a scenario of high hydrogen adoption (for example assumes 80 per cent of heavy-duty trucks use hydrogen fuel cells). The report also estimates that hydrogen could generate $2.5 billion of spending per year and improve Ontario‚Äôs trade balance by $3.2 billion per year by displacing fossil fuel imports, such as natural gas, potentially making Ontario a leading technology exporter.”

Read the Ontario Government’s discussion paper here