Plug Power Inc (PLUG)

[WeTheMarket]

JB, did you even read the post/article? I even highlighted the relevant quotes, reproduced below. Pause in permitting for LNG export projects will likely raise the price of LNG, which, unfortunately, is still the predominant source for hydrogen production, thus raise the cost of hydrogen which hurts PLUG. The rest is good news: "The department is planning to award more than $8 billion for carbon reduction and clean energy projects in Texas and Louisiana" and "a Houston hydrogen hub supported by more than $1 billion in DOE funding."


"This year's Granholm keynote address follows the administration’s January announcement that it would pause permitting for LNG export projects."

"The department is planning to award more than $8 billion for carbon reduction and clean energy projects in Texas and Louisiana, she said."

"Hydrogen, too, is gaining traction and evolving into an industry that includes a Houston hydrogen hub supported by more than $1 billion in DOE funding, while it was once “something that just energy nerds got excited about."