"Biden Administration Unveils $7 Billion in Hydrogen Hub Grants for Clean Energy Initiatives"

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Source: Reuters
"Biden Administration Unveils $7 Billion in Hydrogen Hub Grants for Clean Energy Initiatives"
Photo: Reuters
TL;DR Summary

The Biden administration is set to announce the recipients of $7 billion in federal grants on Friday to establish regional hydrogen hubs, aiming to produce 50 million metric tons of clean hydrogen fuel by 2050. The initiative, known as the Regional Clean Hydrogen Hubs program, will fund six to ten hubs across the United States, with the goal of replacing fossil fuels in sectors like manufacturing and cement production. The grants are expected to attract significant state and private sector investment, and the announcement comes as President Biden travels to Philadelphia to discuss clean energy and job creation.

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