The UK Government has announced a substantial investment of up to £21.7bn for the development of the country's first two major carbon capture and storage clusters. The projects, known as HyNet in Merseyside and the East Coast Cluster on Teesside, aim not only to capture carbon dioxide from industries but also to produce low carbon hydrogen to decarbonize challenging sectors. Johnson Matthey's Low Carbon Hydrogen Technology plays a crucial role in these initiatives by converting natural gas into hydrogen while enabling the capture and storage of the resulting carbon dioxide. In addition to its involvement in carbon capture, Johnson Matthey, a UK-based company with over 200 years of history, covers various aspects of the hydrogen economy. This includes the production of electrolytic (green) hydrogen, as well as its conversion into chemicals, methanol, ammonia, and sustainable fuels like sustainable aviation fuel (SAF). The company's Chief Executive, Maurits van Tol, emphasized the pivotal role of hydrogen in the energy transition towards reaching net zero emissions. He praised the government's funding commitments to the clusters, highlighting the signal it sends to investors about the UK's commitment to clean energy and technological advancements. The investment is seen as a significant step forward in accelerating the UK's hydrogen economy, with calls for the government to maintain its dual focus on blue and green hydrogen production. By decarbonizing heavy industry and attracting investments, the UK aims to position itself as a clean energy superpower, create quality jobs, and become a global leader in innovative technologies. The announcement signals a positive outlook towards hydrogen as a key component in achieving sustainable energy goals.