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The United States federal government is stimulating private investment in the hydrogen sector with the goal of producing and using 10 million metric tonnes (MMT) of clean hydrogen by 2030 and 50 MMT by 2050. Recent measures include $8 billion in grants for ‘hydrogen hubs’, $1.5 billion in research funding, and tax credits (uncapped) for qualifying investments or production. The response from industry, communities, and state and local governments to the grant program has been strong. However, implementation delays and regulatory uncertainty may delay infrastructure development and create risks for early investors. Thus, the outlook for success is still uncertain.
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