• naturalgasbad@lemmy.ca
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    11 months ago

    Green hydrogen is obscenely inefficient. I don’t understand why Germany opposes deploying renewables domestically with such vigour.

  • AutoTL;DR@lemmings.worldB
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    11 months ago

    This is the best summary I could come up with:


    BERLIN, Nov 20 (Reuters) - Germany will invest 4 billion euros in green energy projects in Africa until 2030, Chancellor Olaf Scholz said on Monday, noting these could in turn help Europe’s largest economy achieve its own transition to carbon neutrality.

    Germany will need to import large quantities of green hydrogen going forward, including from Africa, if it is to achieve its goal of net zero emissions by 2045, he said at a German-African business forum in Berlin.

    The forum preceded a summit of the “G20 Compact with Africa” that aims to drum up investment in the world’s poorest but fast-growing continent by coordinating the development agendas of reform-minded countries and identifying business opportunities.

    “Hydrogen production requires considerable investment at the start, so clear signals for a long-term and durable cooperation are needed,” said Scholz, who has made five trips to Africa since taking office in late 2021 in a bid to increase engagement with the continent.

    “The global order is shifting and Europe and Germany can not just sit on the sidelines,” Finance Minister Christian Lindner said after meeting with his counterparts from several African countries at the conference.

    The member countries of the G20 Compact are Morocco, Tunisia, Egypt, Senegal, Guinea, Ivory Coast, Ghana, Togo, Benin, Burkina Faso, Rwanda, Democratic Republic of Congo and Ethiopia.


    The original article contains 409 words, the summary contains 217 words. Saved 47%. I’m a bot and I’m open source!