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

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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.

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