To reassert to the world that the United States is serious about solving climate change, President Biden assembled global leaders for a virtual climate summit on April 22 to announce a new target to cut U.S. greenhouse gas (GHG) emissions in half by 2030. This announcement comes a few short months after he announced the United States would rejoin the Paris Climate Agreement, further underscoring America’s climate commitment.

As the world recently celebrated Earth Day, it is clear that the United States will be a key player in advancing the energy transition to establish the low-carbon society of the future. To achieve these ambitious goals, the public and private sectors must work together to find solutions that address climate change and grow the economy.

At Air Liquide, we understand the importance of investing in our future. But more than that, we know the importance of turning policy into action. Just recently, Air Liquide announced it will invest nearly $10 billion in low-carbon hydrogen by 2035 as part of a plan to more than triple sales of the technology and help substantially curb emissions.

Hydrogen technologies bring countless benefits to consumers, communities and our environment. For starters, hydrogen has the capacity to decarbonize a broad spectrum of industries, especially those traditionally hard-to-abate sectors like transportation, building heating and cooling, and chemical and industrial product processes.

Further, it has zero emissions at end use, and its ability to store energy in gas or liquid form for long periods of time provides reliable primary and back-up power. Since it can be generated from a variety of sources, including renewables, hydrogen is a strong complement to intermittent solar and wind.

But without federal policy support, these benefits to and investments in the United States might be delayed in delivering the climate and economic results which the technology is capable of contributing.

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