WEF | Davos Agenda 2022 Ursula von der Leyen
WEF | Davos Agenda 2022
Ursula von der Leyen, President of the European Commission the economies of the future:
"In March I agreed with President Biden to significantly step up LNG [liquefied natural gas] deliveries from the U.S. to the EU; The connecting pipeline infrastructure will then overtime form the core of our hydrogen corridors. Hydrogen, ladies and gentlemen is the new frontier of Europe's energy network. But we must also think ahead, the economies of the future will no longer rely on oil and coal, but on lithium for batteries, on silicon metal for chips, on rare-earth permanent magnets for electric vehicles and wind turbines; We must avoid falling into the same trap as oil and gas; Once again, together we can create more balanced inter-dependencies and build supply chains that we can really trust."
She mentions a partnership with Canada has already been established and assures additonal 'reliable partnerships will follow'.
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