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

[Ed Angel]

One of the lessons we’ve learned from living in NM over 40 years is be suspicious of any economic development proposal from either oil and gas or the national labs. Here we have a technology supported by both. Sadly our present governor is another in a string of governors relying on the labs for guidence.

Ed

> On Mar 10, 2022, at 5:53 PM, Merle Lefkoff <merlelefkoff at gmail.com <mailto:merlelefkoff at gmail.com>> wrote:
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> I need assurance from somebody--anybody--that this is an incredibly bad idea from a governor who drank some fatally spiked Kool-Aid. 
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> International firm to invest $254M in ABQ hydrogen factory
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> “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.”
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> 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
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>   <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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____________

Ed Angel

Founding Director, Art, Research, Technology and Science Laboratory (ARTS Lab)
Professor Emeritus of Computer Science, University of New Mexico

1017 Sierra Pinon
Santa Fe, NM 87501
505-984-0136 (home)		 	angel at cs.unm.edu
505-453-4944 (cell) 				http://www.cs.unm.edu/~angel




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