Because of the energy bill …
The President’s Hydrogen Fuel Initiative, expanded and permanently authorized by the Energy Policy Act of 2005, provide the framework for a significant transformation of our energy and transportation systems. The U.S and countries around the world are embarked on this transition to hydrogen as a fuel because it provides benefits to energy security, the environment and economic growth:
1. Hydrogen can help energy security because it can be produced by a variety of resources, contributing to the development of alternatives to imported oil for transportation, and fueling distributed fuel cell power generation;
2. Hydrogen can benefit the environment because it can be produced and used in ways that have minimal impact on health-related air quality and on greenhouse gas emissions; and
3. Hydrogen can benefit economic growth through more efficient energy systems, new businesses and in-country production of transportation fuels resulting in new jobs.
Source: Mr. Jeffry Serfass, President of the National Hydrogen Association
Prepared testimony from today’s full committee hearing