Hydrogen is the key to a low carbon economy, and these stocks will benefit, says UBS

  • 📰 CNBC
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 72%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

The hydrogen economy is here. There a number of companies across sectors that will be affected, offering upside opportunity for investors.

A cyclist passes oil silos at the Royal Dutch Shell Pernis refinery in Rotterdam, Netherlands, on Tuesday, April 27, 2021.Hydrogen will play a key role in the green energy transition, and UBS put together a portfolio of stocks across sectors that are poised to benefit.

"Global discussions around the potential for a hydrogen economy have accelerated in the past 12-months...H2 has been well discussed as one of the major contributing forces in helping decarbonize the world's economy, in particular given that some industries cannot easily make the battery shift," the firm wrote in a recent note to clients.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Danish hydrogen adds hygge to market green malaiseGreen Hydrogen Systems is planning a Copenhagen float that will value the electrolyser maker at $500 mln. Of late, pulled IPOs reflect investor scepticism about so-so renewable energy listings. The green gas’s key role in cutting EU carbon emissions may make this a comfier fit. william_sw gfhay william_sw do you know if this was Hydrogen or Battery?
Source: Breakingviews - 🏆 470. / 51 Read more »