Trudeau, Scholz set to ink hydrogen agreement in Newfoundland

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WATCH LIVE: Trudeau and German Chancellor Scholz to sign hydrogen deal

Prime Minister Justin Trudeau and German chancellor Olaf Scholz are visiting the western Newfoundland town of Stephenville later Tuesday, where they’re set to sign a green energy deal.

A local company has plans to build a zero-emission plant that will use wind energy to produce hydrogen and ammonia for export.

Read more: Germany’s Olaf Scholz coming to Canada to sign energy deal. Here’s why it matters

Hydrogen is seen as a critical component of Europe’s plan to reduce its reliance on Russian fossil fuels, particularly in light of the war in Ukraine and the recent reductions in the supply of Russian natural gas to Germany and other countries.

Cabinet ministers and German business leaders will join Trudeau and Olaf Scholz at a hydrogen trade show in Stephenville this evening.

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Click to play video: 'German chancellor visits Canada to sign crucial energy deal'
German chancellor visits Canada to sign crucial energy deal

The town’s mayor, Tom Rose, said in an interview he believes the location and existing infrastructure make it an ideal location for such a venture, and the area is poised to be “the green energy hub of North America.”

Scholz and vice-chancellor Robert Habeck, who is in charge of the country’s energy file, are visiting Canada for three days this week.

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