Arkib Harian: December 25, 2023

Hydrogen subsidy worth billions to have green safeguards

Hydrogen subsidy worth billions to have green safeguards

NEW YORK: Billions of dollars in hydrogen-industry subsidies from president Joe Biden’s signature climate law will come with stringent environmental safeguards, raising concerns that strict rules will stifle production of the nascent climate-friendly fuel. Under the proposed rules laid out last Friday, the new clean-hydrogen tax credit won’t benefit existing …

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US claims seabed in strategic resources push

US claims seabed in strategic resources push

WASHINGTON: The United States has extended its claims on the ocean floor by an area twice the size of California, securing rights to potentially resource-rich seabeds at a time when Washington is ramping up efforts to safeguard supplies of minerals key to future technologies. The so-called Extended Continental Shelf (ECS) …

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