The CEO of a New Brunswick outpost has an alternative path in mind that includes transforming the port into a \u0022green energy hub.\u0022 Read on.
“A lot of people think this is a lot of hype,” he said.
Sketch the vision further, and along with the powered-by-clean-energy hydrogen/ammonia plant and wind farm , is a green iron plant and a green steel plant . Cast even further out, and maybe someday there will be small modular nuclear reactors in the mix, too, if there is local buy-in. What the premier took away from the summit was confirmation that the world has an increasing appetite for hydrogen — McKinsey & Co. projects that “hydrogen could contribute more than 20 per cent of annual global emissions” reductions by 2050 — but in the more immediate term, Europe is starved for natural gas, a hunger triggered by the war in Ukraine and runaway energy prices.
New Brunswick Premier Blaine Higgs is proposing restarting fracking in the province to help meet the energy needs of Europe.
For locals, envisioning Belledune recast as a greener place, anchored by an influx of good-paying, green economy jobs, is better than imagining the alternative: a ghost town.
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