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Hydrogen Tax Credit Plan Unveiled as Biden Administration Tries to Jump Start Industry

Officials estimate the credits will deliver $140 billion in revenue and 700,000 jobs by 2030.

United statesDepartment of energyDistrict of columbiaWhite houseChuck schmittRachel fakhryMarty durbinJesse jenkinsJenniferm granholmFrank wolakUs chamberCell hydrogen energy associationNatural resources defense councilEnergy deputyPrinceton universityDemocrat inflation reduction act

Biden administration releases proposal to use tax code to boost hydrogen fuel production

The Biden administration released its highly anticipated proposal for doling out billions of dollars in tax credits to hydrogen producers Friday.

Department of energyDistrict of columbiaUnited statesWhite houseMarty durbinFrank wolakRachel fakhryChuck schmittJenniferm granholmJesse jenkinsEnergy deputyAssociated pressCell hydrogen energy associationNatural resources defense councilPrinceton universityUs chamber

Hydrogen tax credit plan unveiled as Biden administration tries to jump start industry

Hydrogen tax credit plan unveiled as Biden administration tries to jump start industry
springfieldnewssun.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from springfieldnewssun.com Daily Mail and Mail on Sunday newspapers.

Department of energyDistrict of columbiaUnited statesWhite houseChuck schmittMarty durbinRachel fakhryFrank wolakAmerican petroleum instituteAssociated pressClean air taskCell hydrogen energy associationNatural resources defense councilEnergy deputyUs chamberDemocrat inflation reduction act

Hydrogen tax credit plan unveiled as Biden administration tries to jump start industry

Hydrogen tax credit plan unveiled as Biden administration tries to jump start industry
kvoa.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kvoa.com Daily Mail and Mail on Sunday newspapers.

United statesWhite houseDistrict of columbiaDepartment of energyJesse jenkinsFrank wolakRachel fakhryChuck schmittMarty durbinNatural resources defense councilAssociated pressAmerican petroleum instituteClean air taskPrinceton universityUs chamberCell hydrogen energy association

Hydrogen tax credit plan unveiled as Biden administration tries to jump start industry

Hydrogen tax credit plan unveiled as Biden administration tries to jump start industry
wdio.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wdio.com Daily Mail and Mail on Sunday newspapers.

White houseDistrict of columbiaUnited statesDepartment of energyJesse jenkinsFrank wolakMarty durbinChuck schmittRachel fakhryAmerican petroleum instituteAssociated pressCell hydrogen energy associationClean air taskNatural resources defense councilEnergy deputyPrinceton university