Some companies planning to use new U.S. tax credits to deploy hydrogen projects urged the Treasury Department this...
Congress approves $1.2 trillion infrastructure bill with funding for transmission, hydrogen and EVs
The House on Friday approved a $1.2 trillion bipartisan infrastructure bill that includes about $65 billion for grid infrastructure and $50 billion for cyber and climate resilience over five years. Approved by the Senate in August, the bill now heads to President Joe Biden.
Utility and renewable energy trade groups heralded the bill’s passage on Friday, saying it would help spur the shift towards emissions-free electricity through increased funding for transmission, hydrogen and electric vehicles (EVs).
Next week, Democrats in the House of Representatives plan to take up the $1.75 trillion budget reconciliation bill, which includes about $550 billion over 10 years for clean energy and climate programs.
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