Clean hydrogen: Opportunities beyond the hype



Demand for clean energy is climbing fast. Countless companies, industry bodies and over 150 countries have committed to, or are considering net zero targets. Clean hydrogen is expected to play a crucial role in helping heavy industry decarbonize to meet these targets. Our specialists explore the investment implications for some of the most carbon-intensive sectors.


  • Blue and green hydrogen are poised to play a major role in decarbonizing heavy industry, supporting electrification and enabling more sustainable economic growth.
  • The U.S. Inflation Reduction Act of 2022 is a game-changer that should unleash a wave of capital expenditure, lifting supply and demand for clean hydrogen.
  • Disruption among steel producers, across the energy complex and in commercial vehicles are three areas that could offer fertile ground for selective investors who can take a long-term view.


Clean hydrogen: Opportunities beyond the hype

Clean hydrogen is expected to play a crucial role in helping heavy industry decarbonize. Our specialists explore the investment implications.


Explore the latest research and insights in our ESG perspectives library

Your gateway to all things ESG at Capital Group

Learn more about

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.

Unless otherwise indicated, any Capital Group information referenced above reflects the Capital Group global organization.

Unless otherwise indicated, the investment professionals featured do not manage Capital Group‘s Canadian mutual funds.

References to particular companies or securities, if any, are included for informational or illustrative purposes only and should not be considered as an endorsement by Capital Group. Views expressed regarding a particular company, security, industry or market sector should not be considered an indication of trading intent of any investment funds or current holdings of any investment funds. These views should not be considered as investment advice nor should they be considered a recommendation to buy or sell.

Statements attributed to an individual represent the opinions of that individual as of the date published and do not necessarily reflect the opinions of Capital Group or its affiliates. This information is intended to highlight issues and not be comprehensive or to provide advice. For informational purposes only; not intended to provide tax, legal or financial advice. We assume no liability for any inaccurate, delayed or incomplete information, nor for any actions taken in reliance thereon. The information contained herein has been supplied without verification by us and may be subject to change. Capital Group funds are available in Canada through registered dealers. For more information, please consult your financial and tax advisors for your individual situation.

All Capital Group trademarks are owned by The Capital Group Companies, Inc. or an affiliated company in Canada, the U.S. and other countries. All other company names mentioned are the property of their respective companies.

Capital Group funds are offered in Canada by Capital International Asset Management (Canada), Inc., part of Capital Group, a global investment management firm originating in Los Angeles, California in 1931. Capital Group manages equity assets through three investment groups. These groups make investment and proxy voting decisions independently. Fixed income investment professionals provide fixed income research and investment management across the Capital organization; however, for securities with equity characteristics, they act solely on behalf of one of the three equity investment groups.