Spain's government has approved a regulation to promote green hydrogen projects in the country by 2023. The move aims to support the growth of the renewable energy industry & reduce the country's fossil fuels dependency. The regulation also includes incentives (as tax breaks and subsidies) to encourage businesses to invest in green hydrogen projects.
The green hydrogen mission will aim to accelerate the development & deployment of green hydrogen in India, with the goal of reducing India's dependence on fossil fuels & achieving its climate change targets. The mission (which has been set up as a public-private partnership) will focus on green hydrogen production from renewable sources and development of 'storage & transport' infrastructure.
New York state is planning to selling "big polluter permits" to power plants, manufacturers & other businesses that emit large amounts of greenhouse gasses, in an effort to reduce emissions & combat climate change. It is to generate over $1 billion in revenue that the state will use to fund clean energy projects & other initiatives aimed at reducing emissions.