Strategic Lawyering Green hydrogen: Argentina’s new market potential and applicable legislation
Title: Green hydrogen: Argentina’s new market potential and applicable legislation
Jurisdiction: Argentina
Author: Francisco López Santoro
Law firm: Alfaro-Abogados
Subject:
The importance of green hydrogen comes from the goal of decarbonisation of the planet by 2050 by the Paris Agreement which, in its Article 4, invites “all Parties to strive to formulate and communicate long-term strategies for low greenhouse gas emission development, taking into account their common but differentiated responsibilities and respective capabilities”.
The demand for renewable energies and green hydrogen throughout the world has brought a previously non-visible market to the eyes of investors. Argentina is in a critical position to receive investments from the energy sector and become a key supplier.