Farewell, Fossil Fuels: Biden Allocates $7 BILLION to Cleaner Energy, but Can America Afford It?

Biden has awarded billions to clean energy projects across the country. Find out what this means for jobs, climate change, and fossil fuels in the U.S.

7 Billion Dollars Awarded to Companies and States

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President Biden has directed the allocation of $7 billion to clean-energy projects that focus on harnessing the power of hydrogen fuel.

This move comes as part of the Biden administration’s commitment to mitigating climate change and accelerating the transition to renewable and sustainable energy sources. 

“Fuel of the Future” at Core of New Energy

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Hydrogen, often dubbed the “fuel of the future,” is poised to play a pivotal role in this transformation. Hydrogen is a versatile and abundant element, and has long been touted as a clean and sustainable energy carrier. 

Hydrogen’s Footprint Only Water

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When burned or used in fuel cells, hydrogen emits only water vapor, making it an environmentally friendly alternative to fossil fuels. 

Long-Term Energy Goals: Looking to the Future

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Biden says it is an important part of his mission of net-zero greenhouse gas emissions by 2050. The winning projects will use hydrogen to power electricity, manufacturing, and vehicles.

High-Paying Jobs a Welcome Side Effect of Clean Energy

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The $7 million allocation is expected to kickstart a range of clean-energy projects across the country, emphasizing the significance of hydrogen as a vital component of the U.S. clean-energy landscape.

These projects, which span sixteen states, will create thousands of jobs, a difficult task in a struggling economy.

Hydrogen Use in Vehicles 

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One key area of focus for these projects is transportation.

Hydrogen fuel cells are seen as a game-changer in the transportation sector, offering a zero-emission alternative for cars, trucks, and even trains. 

Reliance on Fossil Fuels Makes Hydrogen Imperfect Solution

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However, critics say that since hydrogen often needs natural gas as a source of fuel, it isn’t the solution it seems to be.

By itself, it only emits water vapor, but there are more pieces to the puzzle.

Wind, Solar Among Renewable Energy Sources Producing Hydrogen

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Proponents say that hydrogen can play a vital role in bolstering renewable energy sources like wind and solar.

When these sources produce excess energy, that energy can be used to produce hydrogen through a process called electrolysis. 

Continuous Power Supply Solution

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This hydrogen can then be stored and used when renewable energy generation is low, effectively acting as an energy storage solution to maintain a continuous power supply. 

Biden Administration Committed to Clean Energy

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The $7 million allocation is a significant step forward, but it is just one part of a broader clean-energy agenda.

The United States is currently exploring partnerships with other countries to promote hydrogen research and development on a global scale. 

Work With Allies Part of Greater Plan

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Collaboration with countries like Japan, which has already invested heavily in hydrogen research, is expected to accelerate the pace of innovation and bring us closer to achieving hydrogen’s full potential as a clean energy source.

Limitations and Concerns of Hydrogen Energy

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Some concerns have been raised about the projects given the imperfect solution, that is hydrogen.

The process of hydrogen production can still involve emissions if not sourced from renewable energy, and the infrastructure required for its distribution and storage can be expensive. 

Win-Win Solution for Climate Change and Economy

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But the Biden administration is hopeful that hydrogen is part of a bigger picture that will help slow climate change.

Biden is also focusing on American production, saying that the trans-continental projects are “all part of my plan to make things in America.”

Clean Energy Focus in Re-Election Bid

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The projects may play a part in Biden’s re-election campaign. Pennsylvania is a highly sought-after state in the presidential election, and the state will see jobs and revenue from the Appalachian Regional Clean Hydrogen Hub and the Mid-Atlantic Clean Hydrogen Hub.

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The post Farewell, Fossil Fuels: Biden Allocates $7 BILLION to Cleaner Energy, but Can America Afford It? first appeared on Back Edge News.

Featured Image Credit: Shutterstock / lev radin. The people shown in the images are for illustrative purposes only, not the actual people featured in the story.

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