Industry thought leaders indicate that the changes in the final rules for the 45V tax credits are positive, but they will not ...
Conrad Schneider, senior director at the Clean Air Task Force, an advocacy group, said the final rules do benefit the climate ...
One of the projects awaiting the 45V final rules was a potential $1.5 billion sustainable aviation fuel hub at Pittsburgh International Airport.
The Biden administration finalized rules meant to boost domestic production of hydrogen fuel through a new tax credit, a move that might also keep struggling nuclear power plants on line for longer.
On 3 January 2025, the Department of the Treasury (Treasury) and the Internal Revenue Service (IRS) released final regulations (Final ...
The time of waiting and hoping is over for taxpayers looking to finance and develop hydrogen projects. Treasury and the IRS ...
The Biden administration finalized rules meant to boost domestic production of hydrogen fuel through a new tax credit, a move that might also keep struggling nuclear power plants on line for longer.
Plug Power shares surged for a second straight session on new tax credit rules for clean hydrogen production. Last week, the ...
Finalized Tax Credit for Cleaner Hydrogen Gets a Cautious OK From Some Environmental Groups The Biden administration released long-awaited final rules Friday for a tax credit that will send ...
Generally, hydrogen production that generates fewer greenhouse gases throughout its lifecycle gets bigger tax credits ... so the maximum credit could make the process competitive with fossil ...
The US Treasury department announced on Friday (3 January) the final rules for the section 45V Clean Hydrogen Production Tax Credit, which included notable adjustments from the draft plan ...
In 2022, Congress approved a lucrative tax credit for companies that make clean hydrogen. But the Treasury Department needed to issue rules to clarify what, exactly, companies had to do to claim ...