White House Launches 'Generational' $7 Billion Hydrogen Plan

[Caribbeans]

White House Launches ‘Generational’ $7 Billion Hydrogen Plan

Bloomberglaw.com | Sept. 22, 2022

The Energy Department has opened up applications for $7 billion to establish up to 10 regional hydrogen hubs, part of a broader road map unveiled Thursday that officials described as essential to lowering emissions in industrial sectors such as energy, transportation, steel, and cement.

The hub program—established by Congress in the infrastructure bill passed last November—was announced during the Energy Department’s Clean Energy Ministerial and Global Clean Energy Action Forum in Pittsburgh, where government officials and industry executives discussed hydrogen’s role in meeting climate goals.

“We’re not just here to talk, but to take concrete steps in our march toward a clean energy future,” said Energy Secretary Jennifer Granholm, announcing the department’s hydrogen ambitions to a crowd of about 4,000 people from 35 countries gathered at the David L. Lawrence Convention Center.

Hydrogen is a versatile source of energy that can be used to clean up hard-to-decarbonize industries and reach climate goals of net-zero greenhouse gas emissions in the power sector by 2035 and across the U.S. economy by 2050, David Turk, deputy secretary of energy, told reporters in a conference call. A colorless and odorless gas, hydrogen releases water as the sole byproduct when used in a fuel cell...more
https://news.bloomberglaw.com/environment-and-energy/white-house-launches-generational-7-billion-hydrogen-hub-plan

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[Duppers]

1. YES!