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.
The Biden administration released long-awaited final rules Friday for a tax credit that will send billions of dollars to producers of cleaner hydrogen. The new rules drew cautious praise from ...
One of the projects awaiting the 45V final rules was a potential $1.5 billion sustainable aviation fuel hub at Pittsburgh International Airport.
Industry thought leaders indicate that the changes in the final rules for the 45V tax credits are positive, but they will not ...
On 3 January 2025, the Department of the Treasury (Treasury) and the Internal Revenue Service (IRS) released final regulations (Final ...
Plug Power shares surged for a second straight session on new tax credit rules for clean hydrogen production. Last week, the ...
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 hydrogen credit is meant, along with other federal policies, to jumpstart a still-nascent clean hydrogen industry in the United States. It gives lucrative tax credits—up to $3 per kilogram ...
The Treasury Department has released its final, and expanded, guidance on an Inflation Reduction Act tax credit meant to boost investment in hydrogen, creating a pathway for the credits to be ...
The U.S. hydrogen economy will likely rely on natural gas and carbon capture technologies rather than green energy in Donald ...
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 ...