Biden Announces $7 Billion Investment to Build National Network of Clean Hydrogen Hubs

The Biden administration has chosen seven sites in the US for new clean hydrogen hubs, supported by a $7 billion investment. These hubs aim to increase low-carbon hydrogen production and reduce emissions from hard-to-abate industries. The White House expects the hubs to collectively produce three million metric tons of hydrogen annually, reducing 25 million tons of carbon emissions per year. Clean hydrogen is essential for a cleaner energy future, especially for sectors with challenging emissions. The investment will come from the Bipartisan Infrastructure Law, with recipients matching the funding, resulting in over $40 billion in private investment. This represents one of the largest-ever investments in clean manufacturing and aligns with the Biden administration’s goal of a strong clean energy economy.

Resource: https://www.esgtoday.com/biden-invests-7-billion-to-build-national-network-of-clean-hydrogen-hubs/

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