{"id":11290,"date":"2023-07-26T16:32:27","date_gmt":"2023-07-26T16:32:27","guid":{"rendered":"http:\/\/lonecandle.com\/?p=11290"},"modified":"2023-07-26T16:32:27","modified_gmt":"2023-07-26T16:32:27","slug":"bidens-hydrogen-bombshell-leaves-europe-in-the-dust","status":"publish","type":"post","link":"https:\/\/lonecandle.com\/?p=11290","title":{"rendered":"Biden\u2019s hydrogen bombshell leaves Europe in the dust"},"content":{"rendered":"\n<p>\n\n&#8220;The clean energy subsidies that undergird President Joe Biden\u2019s climate agenda have just prompted one Norwegian manufacturer to choose Michigan, not Europe, as the site of a nearly $500 million factory that will produce the equipment needed to extract hydrogen from water. And other European-based companies are being tempted to follow suit, people involved in the continent\u2019s hydrogen efforts say \u2014 making the universe\u2019s most abundant substance the latest focus of the&nbsp;<a href=\"https:\/\/www.politico.com\/news\/2023\/03\/10\/united-states-european-union-climate-00086554\" target=\"_blank\" rel=\"noreferrer noopener\">transatlantic trade battle<\/a>&nbsp;on green energy.<\/p>\n\n\n\n<p>TheNorwegian firm, Nel, announced its decision in May, nine months after Congress approved Biden\u2019sflagship climate law, the&nbsp;<a href=\"https:\/\/linklock.titanhq.com\/analyse?url=https%3A%2F%2Flegislation.politicopro.com%2Fbill%2FUS_117_HR_5376&amp;data=eJxNjMsKwyAURL9GlyHWF124yKIl3bYUupNorBVuohjN91cKLYWBgZnDsUow3lvLZyOOjOBZpQihBBs7V_Gi_GDo5SRrGh8Cb8qAezqzZ4dY_wNtXHBW3k97WP_3JqjqVUraEB3Q4dwCzocNphLi2n25lD-K9poA0Op-04RIPV41p1K8AT3oNlc%25\" target=\"_blank\" rel=\"noreferrer noopener\">Inflation Reduction Act<\/a>. The move takes 500 new jobs to the other side of the Atlantic, despite the European Union\u2019s efforts to position itself as the obvious place for clean tech investment.&#8221;<\/p>\n\n\n\n<p><a href=\"https:\/\/www.politico.com\/news\/2023\/07\/05\/biden-hydrogen-europe-00104024\">https:\/\/www.politico.com\/news\/2023\/07\/05\/biden-hydrogen-europe-00104024<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;The clean energy subsidies that undergird President Joe Biden\u2019s climate agenda have just prompted one Norwegian manufacturer to choose Michigan, not Europe, as the site of a nearly $500 million factory that will produce the equipment needed to extract hydrogen from water. And other European-based companies are being tempted to follow suit, people involved in the continent\u2019s hydrogen efforts say \u2014 making the universe\u2019s most abundant substance the latest focus of the transatlantic trade battle on green energy.<br \/>\nThe Norwegian firm, Nel, announced its decision in May, nine months after Congress approved Biden\u2019s flagship climate law, the Inflation Reduction Act. The move takes 500 new jobs to the other side of the Atlantic, despite the European Union\u2019s efforts to position itself as the obvious place for clean tech investment.&#8221;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[13],"tags":[237,235,1469,1483,271,377],"class_list":["post-11290","post","type-post","status-publish","format-standard","hentry","category-article-share","tag-clean-energy","tag-energy","tag-government-intervention","tag-investment","tag-jobs","tag-manufacturing"],"_links":{"self":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts\/11290","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=11290"}],"version-history":[{"count":1,"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts\/11290\/revisions"}],"predecessor-version":[{"id":11291,"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts\/11290\/revisions\/11291"}],"wp:attachment":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11290"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11290"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11290"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}