Trump set to preserve billions of dollars in funding for hydrogen ventures

MSN
2026.04.16 15:13
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The Trump administration is set to maintain billions in funding for hydrogen ventures and projects supported by major companies like Exxon Mobil and Chevron. This includes reviving direct-air capture projects previously selected by the Biden administration, which will share $1.2 billion. Additionally, funding for a carbon-capture cement plant in Indiana led by Heidelberg Materials has been reinstated. A detailed list from the U.S. Department of Energy outlines around 2,000 funding awards that will be retained or modified.