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Environmental groups, other lawmakers and the administration, however, say the restrictions are necessary to ensure hydrogen subsidized by the credits doesn’t actually increase greenhouse gas emissions.
Environmental groups and the administration say the restrictions are necessary to ensure hydrogen subsidized by the credits doesn’t actually increase greenhouse gas emissions.
The U.S. Treasury Department has proposed tax rules to ensure that hydrogen power plant electrolyzers in this country don’t siphon clean electricity from the grid that must be replaced by ramping up coal and gas power plants. The proposed rules are drawing fire from industry.