Hydrogen Funding Sparks State and Corporate Competition.

States and companies around the world are competing for billions of dollars in investments to develop hydrogen as a clean energy source. The push for hydrogen is part of the global energy transition to reduce carbon emissions. Governments and businesses are investing in infrastructure and technology to produce, store, and transport hydrogen, which can be used in a variety of industries, including transportation and power generation. The competition for funding highlights the growing importance of hydrogen in the transition to a low-carbon economy.