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Biden Announces $7 Billion in Funding for Seven Hydrogen Hubs

President Biden announced on Friday the selection of seven regional clean energy hydrogen hubs that will collectively receive $7 billion from Infrastructure Reduction Act (IRA) funds. In his speech at the Tioga Marine Terminal in Philadelphia, the president underscored the private investments stimulated by public projects like these hydrogen hubs, which the president said will yield more than $40 billion in private investment on top of tens of thousands of jobs.

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