Labor, Business Groups: Legislation Risks Biden’s Multi-Billion Dollar Investment in California’s Hydrogen Future to Fight Climate Change
Assembly Bill 1550, authored by Assemblymember Steve Bennett (D-Ventura), would mandate the costly and burdensome “3 Pillars” principles on hydrogen production in California.
- Assembly Bill 1550, authored by Assemblymember Steve Bennett (D-Ventura), would mandate the costly and burdensome “3 Pillars” principles on hydrogen production in California.
- However, opponents say these rigid requirements will likely result in the chilling of the development of renewable and clean hydrogen that is critical to cutting pollution and expanding clean energy in California.
- Programs like the state’s Renewable Portfolio Standard and cap and trade program already provide the desired environmental protections making AB 1550 unnecessary and fatal to the development and deployment of clean and renewable hydrogen.
- They also noted it would risk California’s status as one of seven regional “hydrogen hubs” in the U.S. named by the U.S. Department of Energy.