Developed with support from McKinsey and launched as global leaders gathered at COP 23 in Bonn, this report, presents the first comprehensive vision of the long-term potential of hydrogen and a roadmap for deployment. This ambitious yet realistic approach would deliver deep decarbonization of transport, industry, and buildings, and enable a renewable energy production and distribution system. To realize this vision, investors, industry, and government will need to ramp up and coordinate their efforts.
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Our vision: The hydrogen economy in 2050
Achieving the hydrogen vision would create significant benefits for the energy system, the environment, and businesses around the world. It would avoid 6 Gt of CO2 emissions, create a $2.5 trillion market for hydrogen and fuel cell equipment, and provide sustainable employment for more than 30 million people.
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