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India approves $2.3 billion to develop green hydrogen

FILE- Traffic moves on an expressway on the outskirts of New Delhi, India, Wednesday, March 23, 2022 file photo. Marking its biggest effort yet to make India a global hub for production, use and export of green hydrogen, the Indian federal government on Wednesday, Jan. 4, 2023, approved $2.3 billion funding with an aim to grow various segments of the green hydrogen sector in India. India hopes that this investment will abate 50 million metric tons of greenhouse gas emissions. (AP Photo/Altaf Qadri) FILE- A thick blanket of smoke envelops young ragpickers searching for reusable material at a garbage dump in New Delhi, India. Marking its biggest effort yet to make India a global hub for production, use and export of green hydrogen, the Indian federal government on Wednesday, Jan. 4, 2023, approved $2.3 billion funding with an aim to grow various segments of the green hydrogen sector in India. India hopes that this investment will abate 50 million metric tons of greenhouse gas emissions. (AP Photo/Altaf Qadri, File)