Economy

India sets targets for green hydrogen use by some industries

Follow-ups -eshrag News:

Fri, 2023-01-13 12:34

NEW DELHI: India has set green hydrogen consumption targets for some industries, so as to generate demand for cleaner fuel in its quest to reach net zero by 2070, the government said on Friday, as it unveiled its policy for green energy, Reuters reported.

One of the world’s biggest emitters of greenhouse gases, India approved a plan of incentives worth more than $2 billion last week to develop a green hydrogen production capacity of 5 million tons a year by 2030.

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