President Donald Trump’s suspension of funding from two key pieces of Biden-era laws has cast uncertainty over the future of clean hydrogen development.
On his first day in office, Trump issued an executive order to halt further funding from the Inflation Reduction Act (IRA) and Infrastructure Investment and Jobs Act (IIJA), which offered production tax credits of up to $3/kg and a combined $7bn of funding for seven hydrogen hubs, respectively.
The acts will have their processes, policies and programmes for issuing funds reviewed, with department heads expected to issue recommendations to “enhance their alignment” with Trump’s oil and gas focus.
Read more:Hydrogen funding faces uncertainty as Trump suspends IRA and IIJA subsidies
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