Biden Administration Invests $7 Billion in Clean Hydrogen Hubs to Aid Transition to Renewable Energy
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The Biden administration is investing $7 billion in 7 hydrogen production hubs across the US, part of transitioning to clean energy.
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Most hydrogen today is made from fossil fuels, emitting greenhouse gases. The hubs will use some fossil fuels but aim to capture carbon emissions.
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The hubs will use a mix of renewable energy, nuclear, and fossil fuels with carbon capture to produce low-emission hydrogen.
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Producing clean hydrogen is currently far more expensive than using fossil fuels. The goal is to cut costs by 80% to $1/kg.
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The hubs are expected to create thousands of jobs and deliver environmental benefits to disadvantaged communities.