President Biden Announces $7 Billion Federal Investment in Hydrogen Hubs for Climate Goals
President Joe Biden announces a $7 billion federal investment in hydrogen hubs across the US to advance clean energy and create jobs. The hubs will accelerate the utilization of clean hydrogen power and help achieve the country's ambitious climate go...
Troy D. Hanson
October 13, 2023
President Joe Biden unveiled a groundbreaking federal investment of $7 billion for the development of hydrogen hubs across the United States. In a speech delivered in Philadelphia, Biden highlighted that this manufacturing initiative represents one of the largest investments ever made in advanced manufacturing within the nation's history. He emphasized that these investments will spur an additional $40 billion in private funding, specifically targeted at clean hydrogen power, and will be spread across 16 states. The establishment of these hubs is expected to generate tens of thousands of well-paying jobs and will play a crucial role in achieving the country's ambitious climate goals.
Biden reiterated his commitment to ensuring that the United States achieves net-zero emissions from pollutants no later than 2050. He emphasized that clean hydrogen will be a vital component in meeting this objective. The funding for these hydrogen hubs is made possible by the bipartisan infrastructure law passed in 2021. The Department of Energy states that the primary purpose of these hubs is to facilitate the development of extensive networks comprising producers, consumers, and infrastructure that will accelerate the utilization of hydrogen.
The White House revealed that several regions across the country have been selected as sites for these hydrogen hubs. The mid-Atlantic hub will serve Pennsylvania, Delaware, and New Jersey, while the Appalachian hub will benefit West Virginia, Ohio, and Pennsylvania. California and Texas will also have their respective hubs, along with Minnesota, North Dakota, South Dakota, Illinois, Indiana, Michigan, and Washington state, Oregon, Montana.
Prior to his address, President Biden experienced a minor stumble while ascending a set of stairs to the stage. The Republican National Committee recorded and disseminated a video of this incident. Critics of the Democratic president have frequently emphasized his age in anticipation of the upcoming presidential election in 2024. Reflecting on this, Biden humorously referred to his age during his speech, stating that despite appearance, his long-standing experience has only intensified his optimism for the future of America.
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