Biden Bets Billions on Building New Hydrogen Industry, But Debate Swirls Over Strict Rules for Clean Power Sources
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The Biden administration is investing billions to build a U.S. green hydrogen industry and bring down costs, including tax credits for companies producing hydrogen with clean electricity.
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There is a debate around whether companies should be required to build new clean power plants to qualify for the credits, or if using existing plants is acceptable.
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Opponents argue existing plants would just shift dirty energy sources to the grid; proponents say the policy needs to be practical and utilize all current clean sources.
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The outcome will have significant climate impacts and shape the future of not just hydrogen but the wider energy transition.
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Labor unions are united against strict requirements, saying it will reduce good jobs, while companies are split with some supporting tighter rules.