America’s Hydrogen Hubs Could Mint New Billionaires

After years of failed efforts in Washington to overhaul physical infrastructure, last year,  President Joe Biden signed the more than $1 trillion bipartisan infrastructure bill into law, unlocking funds for transportation, broadband, and utilities. Buried deep into the historic plan was a provision for $9.5 billion in funding to build at least four hydrogen hubs–places where the gas can be produced and used in a self-reinforcing cycle. A hydrogen economy that runs factories and power plants on the fuel may be years away; however, that has not stopped multiple U.S. states from scrambling for Biden’s hydrogen bonanza, never mind the fact that many have not even worked out the details of how they intend to realize their hydrogen dream.According to Bloomberg, many states are forming strategic partnerships to increase their chances of landing funding. For example, New York…

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