In a letter to Governor Gavin Newsom, executives of 25 multi-national companies today called for major new investments in hydrogen infrastructure in the Golden State.
“At this still early stage in market development, the signal California sends on hydrogen will impact private investment decisions. But in the medium- to long-run, hydrogen must and will stand on its own legs and be viable without external support,” wrote the executives in their letter to the governor.
They noted “The early stages of any technology curve must have some support, much as was seen in the early days of wind and solar power.”
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