The company remains committed to supporting the Appalachian Regional Clean Hydrogen Hub (ARCH2) via use of its local, low-cost, low-carbon intensity feedstock, which is ideal for affordable, clean hydrogen production in historically disadvantaged energy communities across Appalachia. CNX's Final Investment Decision (FID) remains contingent upon tax credit guidance that unambiguously supports low-carbon intensity feedstock projects that will facilitate development of the regional clean hydrogen hubs, including ARCH2.
CNX calls on the federal government to heed the advice of elected officials, organised labour, and stakeholders across the country who have advocated for rules that would catalyse, not stifle, the burgeoning hydrogen economy.
The ARCH2 hydrogen hub brings together private industry, state and local government, academic and technology institutions, NGOs, and community organisations across the Northern Appalachian region including West Virginia, Ohio, Pennsylvania, and Kentucky. The region is the textbook location for a clean hydrogen hub due to its unique access to ample low-cost natural gas feedstock, end-user demand, workforce and technology capability, and carbon sequestration potential.
As one of the largest, most efficient, and environmentally sustainable sources of natural gas in the world, Appalachia has the tools to become the epicentre for skilled labour job creation while lowering regional, national, and global carbon emissions. Appalachia can be the launchpad to a more efficient and sustainable future catalysed by lower carbon intensity natural gas.