• Gustavo Bernal Torres

Biden Signs Infrastructure Deal into Law: Energy Transition Investment Highlights

President Biden on Monday signed into law the $1 trillion Infrastructure Investment and Jobs Act, after gaining bipartisan support with 13 Republicans in the House of Representatives supporting the landmark legislation.

  • Hydrogen. The infrastructure law provides billion in spending to support the development as clean hydrogen fuel, including $8 billion for the development of clean hydrogen hubs for targeting the transport and industrial sectors, $1 billion for clean hydrogen electrolysis R&D, and $500 million for hydrogen manufacturing and recycling.

  • Carbon removal. The law includes over $10 billion targeting carbon management technologies and infrastructure, including roughly $3.5 billion each for direct air capture hubs and carbon capture projects, $2.5 billion for commercialization of carbon storage, as well as investments in industrial decarbonization demonstration and carbon utilization programs.

Source: https://www.esgtoday.com/biden-signs-infrastructure-deal-energy-transition-investment-highlights/


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