releases: https://www.young.senate.gov/newsroom/press-releases/young-whitehouse-introduce-bipartisan-bill-to-add-hydrogen-as-qualified-energy-resource-to-strengthen-economy
Data license: MIT · Data source: dwillis/congress-press
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| https://www.young.senate.gov/newsroom/press-releases/young-whitehouse-introduce-bipartisan-bill-to-add-hydrogen-as-qualified-energy-resource-to-strengthen-economy | Young, Whitehouse Introduce Bipartisan Bill to Add Hydrogen as Qualified Energy Resource to Strengthen Economy | 2020-12-08 | 2020 | 2020-12 | Republican | House | IN | Todd Young | Y000064 | www.young.senate.gov | legacy | December 08, 2020 Young, Whitehouse Introduce Bipartisan Bill to Add Hydrogen as Qualified Energy Resource to Strengthen Economy WASHINGTON U.S. Senators Todd Young (R-Ind.) and Sheldon Whitehouse (D-R.I) introduced theHydrogenUtilization and Sustainability(Hy USA)Actto includehydrogenamong the renewable resources eligible for the Renewable Electricity Production Tax Credit (PTC). The bipartisan bill would incentivize investment inhydrogen-based energy, a next-generation carbon alternative. As the most abundant element in the universe,hydrogenis an emerging energy source that we must seriously target today,said Senator Young. Our bipartisan bill would promote increased investment inhydrogento strengthen the American economy and build energy leadership abroad. We need to find alternative low-carbon fuels to power the economy,said Senator Whitehouse.Our bipartisanhydrogen-based energy incentive holds promise to open additional carbon-free pathways as we reassert America's global leadership on climate change. Hydrogenenergy has been billed as a promising energy alternative to carbon for years, yet has not seen national investment like other renewable energy sources. Proponents ofhydrogensee emerging use in a variety of industries, including transportation and electric vehicles as well as more general electricity production.Hydrogeninfrastructure has gained the support of over $100 billion in globalinvestments. It isestimated thathydrogeninfrastructure could generate 700,000 jobs in the next ten years. In December 2019, Senator Young signed a letter to express the importance of continued national investment inhydrogenproduction. View the letterhere. For the full bill text,click here. Print Email Tweet Next Article Previous Article | 1 | 2026-03-30T12:14:52Z | 2026-03-30T12:14:52Z |