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☆ The Biden administration unveiled its hydrogen tax credit proposal, estimated to deliver $140 billion in revenue and 700,000 jobs by 2030
▼ + stars: | 2023-12-22 | by ( Associated Press | ) www.businessinsider.com time to read: +7 min

Officials estimate the hydrogen production credits can deliver $140 billion and 700,000 jobs by 2030. Administration officials estimate the hydrogen production credits will deliver $140 billion in revenue and 700,000 jobs by 2030 — and help the US produce 50 million metric tons of hydrogen by 2050. Firms that produce hydrogen using fossil fuels get less. The Fuel Cell & Hydrogen Energy Association includes more than 100 members involved in hydrogen production, distribution and use, including vehicle manufacturers, industrial gas companies, renewable developers and nuclear plant operators. Some of the money will flow to regional networks, or "hubs," of hydrogen producers, consumers and infrastructure that the Biden administration is also trying to kickstart with a $7 billion program.

Persons: —, Biden, Jesse Jenkins, David M, Turk, Joe Biden, Elizabeth Flores, Rachel Fakhry, Marty Durbin, Frank Wolak, Wolak, Chuck Schmitt, Jennifer M, Granholm Organizations: Biden, Service, Princeton University, Energy, Cummins, Generation, Star Tribune, Getty, Natural Resources Defense Council, US Chamber, Department of Energy, Fuel Cell, Hydrogen Energy Association, SSAB, AP Locations: Fridley , Minnesota, United States, SSAB Americas, American, Pennsylvania, California

☆ Why some of the 'clean' hydrogen hubs in the U.S. plan to use natural gas, a fossil fuel
▼ + stars: | 2023-10-31 | by ( Catherine Clifford | In Catclifford | ) www.cnbc.com time to read: +11 min

The others will use a combination of renewables, nuclear power, and natural gas with carbon capture and storage. Putting federal money behind a program to fight climate change while using natural gas, a fossil fuel, as one of its main ingredients may not seem intuitive. To wit, the Bipartisan Infrastructure Law, where the funding for the hydrogen hubs comes from, specifically required that two of the selected hydrogen hubs be located in natural gas-rich regions. Making hydrogen from natural gas with carbon capture will require additional energy and be more expensive than producing hydrogen from natural gas where the excess carbon emissions just spew into the atmosphere. That is what the U.S. government is trying to change with its hydrogen hubs program and the production tax credit.

Persons: Joe Biden, Elizabeth Flores, Jennifer Granholm, Rachel Fakhry, Fakhry, Jonathan Ernst, Kent, Sean Heinroth, Young's, That's, Heinroth, Tom Oakland, Wisconsin —, They've, Alex Kizer, Kizer Organizations: Cummins, Star Tribune, Getty, Swiss Army, U.S . Department of the Energy, Natural Resources Defense, Energy, Department of Energy, CNBC, Reuters, Infrastructure Law, Ernst, of Energy, North Dakota Department of Commerce, Oakland, EFI Foundation, U.S, Treasury Department Locations: America, Fridley, Minn, United States, U.S, Tioga, Philadelphia , Pennsylvania, Houston, Montana , North Dakota, Minnesota, Wisconsin, Washington

WASHINGTON (AP) — The government is worried about the safety of chemical facilities across the country after its power to keep dangerous substances out of the hands of extremists lapsed a month ago. Homeland Security officials say this left gaping holes in the country's national security, and they are calling on Congress to act quickly when it returns this week. The Cybersecurity & Infrastructure Security Agency, which falls under DHS, then determines whether the facility is considered high risk and therefore must develop a security plan. Congress gave the department the authority to begin the chemical security program in 2006, and it went into effect the following year. Homeland Security officials say the program's lapse has left them without a vital security tool.

Persons: Alejandro Mayorkas, ”, Kelly Murray, Sen, Rand Paul, Paul, ” Paul, there's, Murray, she's, reauthorized, they're, Matt Fridley, “ They’re, Scott Jensen Organizations: WASHINGTON, Department of Homeland Security, Chemical, Homeland Security, Homeland, Chemical Security, Infrastructure Security Agency, DHS, Congress, Kentucky Republican, & Infrastructure Security Agency, American Chemistry Council Locations: Virginia, Kentucky

☆ Fact Check-Altered video does not show MMA fighter Fallon Fox fracturing opponent’s skull
▼ + stars: | 2023-04-11 | by ( Reuters Fact Check | ) www.reuters.com time to read: +3 min

A 2013 video of Mixed Martial Arts (MMA) fighter Fallon Fox has been shared with altered audio of her voice. The video shows an MMA fight between Fox and fighter Ericka Newsome on March 2, 2013. The clip, including the camera angle, fighter outfits and commentator’s narration, match the video shared online (7:01 timestamp). Some users online have also shared side by side photos of Fox and MMA fighter Kay Hansen to claim Fox broke Hansen’s skull (here), (here). Fallon Fox’s voice has been altered in a video on social media, and she did not fracture the opponent’s skull during the fight, Fox told Reuters.

Companies Cummins Inc FollowApril 3 (Reuters) - Cummins Inc (CMI.N) said on Monday it would invest more than $1 billion across its U.S. engine manufacturing network to upgrade some facilities to support new clean energy technologies. Cummins said the investment would go towards its facilities in Indiana, North Carolina and New York, to upgrade its clean energy technology including fuel-agnostic engine platforms that would run on low-carbon fuels like natural gas, diesel and eventually hydrogen. The Columbus, Indiana-based company, known for its diesel and natural gas engines, has accelerated its push towards clean energy solutions to sell to its industrial and commercial transportation customers, as the trucking industry is expected to face tougher greenhouse emissions regulations this year. The $1 billion announced is in addition to the investment of $1.5 billion that the engine maker announced last month. Reporting by Kannaki Deka in Bengaluru; Editing by Rashmi AichOur Standards: The Thomson Reuters Trust Principles.

☆ Biden trumpets his economic plans in Minnesota after Cummins announces $1 billion investment
▼ + stars: | 2023-04-03 | by ( Emma Kinery | ) www.cnbc.com time to read: +2 min

President Joe Biden touted efforts to boost U.S. manufacturing after touring a Cummins facility in Minnesota on Monday, as the company announced it will invest $1 billion in making cleaner engines. Cummins intends to invest the money in Indiana, North Carolina and New York, focusing on creating low-to-zero-carbon engines. More than half of medium and heavy-duty trucks in the U.S. use Cummins engines, and the upgraded facilities aim to decarbonize shipping vehicles across the country. Electrolyzers are needed to create clean hydrogen, used to power certain vehicles and in steel production. "All these investments mean that now if you grow up in Minnesota, if you go to school in Minnesota, you can stay in Minnesota," Biden said.

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