President Biden Spearheads $7 Billion Investment to Revolutionize U.S. Hydrogen Manufacturing
  • 6 months ago
President Biden plans to build seven regional hydrogen manufacturing sites to promote decarbonization in the U.S. The $7 billion federal investment is expected to attract $40 billion in private investment. The hubs will be located in the Mid-Atlantic, Appalachia, California, Houston, the Midwest, and the Pacific Northwest. However, some environmental groups criticize the plan for perpetuating fossil fuel use. The aim is to increase clean hydrogen production in the U.S. by 500% by 2050. Companies like Exxon and Amazon will be involved, utilizing carbon capture technology to reduce emissions.
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