California reduces funding support for hydrogen filling stations after warnings of stranded assets

Lawmakers sign off compromise amendment that would still provide about $15m a year until mid-2030 — although there is a get-out clause

A Toyota Mirai at True Zero's hydrogen filling station in Fountain Valley, California. True Zero has almost trebled its H2 pump prices over the past two years.
A Toyota Mirai at True Zero's hydrogen filling station in Fountain Valley, California. True Zero has almost trebled its H2 pump prices over the past two years.Photo: Los Angeles Times/Getty
Published 18 September 2023, 13:54Updated 18 September 2023, 14:03