Biden administration launches industrial decarbonization initiative, targets $9.5B for clean hydrogen

Read the full story at Utility Dive.

Using funds from last year’s infrastructure law, the Biden administration on Tuesday launched initiatives aimed at cutting greenhouse gas (GHG) emissions from the industrial sector, which accounts for nearly a quarter of all U.S. GHG emissions.

As part of the effort, the Energy Department is preparing to disburse $9.5 billion for three “clean” hydrogen programs, with $8 billion slated to go towards creating at least four regional hubs where hydrogen would be made.

The administration is creating a “Buy Clean” task force to steer part of the federal government’s $650 billion in annual spending towards materials like steel, aluminum and concrete that are made using low-carbon processes.

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