President Biden President’s DOE budget emphasizes investment in new technologies and hydrogen

The Biden-Harris Administration Department of Energy’s (DOE) Budget makes historic investments that will help lay the foundation to build a clean energy economy and ensure the U.S. reaches net-zero carbon emissions by 2050. As part of it, the administration earmarked funding for research that advances carbon-neutral fuels such as hydrogen, new grid modernization technologies, and revolutionize carbon management. The administration also said it was doubling down on investing in new technologies including point-source carbon capture, hydrogen, methane emissions reduction, critical mineral production, and carbon dioxide (CO2) removal to address the accumulated CO2 emissions in the atmosphere.