Namibia can become a green energy exporter, says first lady | CNN Business

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Monica Geingos sees a bright future as Namibia looks to develop its green hydrogen sector.

With Europe looking for alternatives to Russian energy, the European Union has set a target to produce 11 million tons of green hydrogen, and import another 11 million tons, by 2030. Green hydrogen is being touted as a clean alternative to fossil fuels that could power heavy industry and transport. EU officials said this summer that they hoped to strike a deal to help Namibia develop its green hydrogen sector.

Amongst many other benefits, I am excited about the vibrant economic mobilization that the business sector will benefit from as will be able to deploy its own resources to private-sector investment, which also enables increased risk appetite for sectors that foreign investors traditionally stay away from. You were an entrepreneur before becoming first lady.

 

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EmmaTheofelus Indeed true if all the current initiatives can materialize.

Why we in the States haven't focused on this as opposed to the environmentally disastrous Electric Vehicle garbage is beyond me.

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Namibia can become a green energy exporter, says first lady | CNN BusinessMonica Geingos sees a bright future as Namibia looks to develop its green hydrogen sector. Why we in the States haven't focused on this as opposed to the environmentally disastrous Electric Vehicle garbage is beyond me. EmmaTheofelus Indeed true if all the current initiatives can materialize.
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