Investing in low-carbon hydrogen fuel to power automobiles and heat houses, according to the government, might result in the creation of thousands of new employment. Ministers have proposed a plan to jumpstart the hydrogen industry, stating that it has the potential to attract billions of pounds in investment.

Subsidies to bridge the cost gap between hydrogen generation and traditional fuels have been proposed. Labor acknowledges that hydrogen has a lot of potentials, but claims that the government hasn’t invested as much as other countries. There is no CO2 created when hydrogen gas is utilized as a fuel. It can be used to power fuel cells, which are devices that generate energy through an electrochemical reaction, or it can be burned in a car engine to generate electricity.

As a result, it’s a low-carbon, multipurpose fuel that can be used to power automobiles, trucks, and trains, and industrial processes like steel production. The government plans to develop 5GW of hydrogen production capacity by 2030, with the industry worth £900 million and over 9,000 people employed.