[FRIAM] Fwd: International firm to invest $254M in ABQ hydrogen factory -- ABQ Journal

[Merle Lefkoff]

I need assurance from somebody--anybody--that this is an incredibly bad
idea from a governor who drank some fatally spiked Kool-Aid.

*International firm to invest $254M in ABQ hydrogen factory*


“This project puts New Mexico and Universal Hydrogen at the center of the
global effort to decarbonize transportation and aviation in particular,”
Lujan Grisham said in a statement. “Hydrogen, solar, wind and alternative
energy are job-rich industries and New Mexico’s partnerships with these
companies are part of a forward-thinking model to create a robust and
diversified economy, while being a part of the solution when it comes to a
changing climate.”


*BY KEVIN ROBINSON-AVILA / JOURNAL STAFF WRITER
<https://www.abqjournal.com/author/krobinson-avila>*

PUBLISHED: THURSDAY, MARCH 10TH, 2022 AT 2:47PM
UPDATED: THURSDAY, MARCH 10TH, 2022 AT 2:52PM


<https://www.abqjournal.com/2478078/international-firm-to-invest-254m-in-abq-hydrogen-factory.html?utm_source=single-post-notification&utm_medium=email&utm_campaign=International%20firm%20to%20invest%20$254M%20in%20ABQ%20hydrogen%20factory&utm_edition=202203102152>

Universal Hydrogen — an international company with modular hydrogen storage
technology for planes, ground transportation and heavy manufacturing — will
invest $254 million in a new manufacturing and distribution center at the
Albuquerque International Sunport, potentially employing up to 500 people,
Gov. Michelle Lujan Grisham announced Thursday afternoon.The state will
contribute $10 million in Local Economic Development Act funding for the
project, which could have a $700 million economic impact here over the next
10 years, according to the Governor’s Office, which held a news conference
Thursday at Hotel Albuquerque in Old Town to announce the project.
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