New US President Joe Biden’s promise to act on climate immediately and ambitiously was music to the hydrogen industry’s ears as the sector gears up to help progress a Clean Energy Revolution and Environmental Justice in the country.
Biden’s Build Back Better plan is a national effort aimed at creating the jobs needed to build a modern, sustainable infrastructure now and deliver an equitable clean energy future.
It’s expected Biden will make a $2 trillion accelerated investment, with a plan to deploy those resources over his first term, some of which will go towards innovation and driving dramatic cost reductions in critical clean energy technologies including renewable hydrogen.
Hitting the ground running, day one of Biden’s presidency saw the US re-join the Paris Climate Agreement, following Trump’s withdrawal from the international treaty in November 2020.
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