WardsAuto Podcast: Federally Funded Hydrogen Hubs Part of $50 Billion Investments
The U.S. government is allocating $7 billion for hydrogen hubs, part of $50 billion-plus in investments going toward building a hydrogen energy revolution.
October 28, 2023
The U.S. government is spending $7 billion on hydrogen hubs across the country to support the gradual replacement of diesel fuel in trucking and stationary power. But there is also more than another $50 billion in investments from states and industry working to grow supply and demand for the cleanest-burning energy known to exist for transportation.
Of course, the controversy around scaling up a hydrogen economy is that generating large supplies of hydrogen for fuel-cell usage currently is dependent on burning fossil fuels.
Thomas J. Stephenson is co-founder, Chairman and CEO of Albuquerque, NM-based Pajarito Powder, a supplier to the hydrogen industry and one of the most knowledgeable advocates for hydrogen energy.
WardsAuto Podcast Host David Kiley talks to Stephenson about the selection of sites for the new hubs, the additional investments going into hydrogen production, especially “green” hydrogen, and the issues around building up a hydrogen economy in the U.S.
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