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DOE Hydrogen Hubs Fund Fossil Fuels, But 45V Tax Credit Can Right The Ship

$7 billion in DOE funds for hydrogen hubs are intended to fight climate change, but could increase pollution unless Treasury gets the 45V tax credit right.

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IRS Clean Hydrogen Tax Credits Ruling Needed for Clean Hydrogen Strategy

IRS Clean Hydrogen Tax Credits Ruling Needed for Clean Hydrogen Strategy
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IRS Proposed Regulations and DOL Guidance Clarify Certain Aspects of the Prevailing Wage and Apprenticeship Requirements | King & Spalding

The U.S. Department of Treasury (“Treasury”) and IRS issued proposed regulations (“Proposed Regulations”) on August 29, 2023, regarding increased credit or deduction amounts available.

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Plug Power and 32 Signatories Submit Letter to Biden Administration on Section 45V Clean Hydrogen Production Tax Credit Implementation

Plug Power and 32 Signatories Submit Letter to Biden Administration on Section 45V Clean Hydrogen Production Tax Credit Implementation
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United statesMarty durbinAmy davisKristin monroeSalim rahemtullaJill evankoV clean hydrogen production tax creditExchange commissionBiden administrationPowertap hydrogen fueling corpV clean hydrogenUs chamberPower incGlobal energy instituteClean hydrogenIndustries inc

Green Hydrogen Or Dirty Fuel? Treasury Department Rules On 45V Tax Credit Will Determine Industry s Future

Section 45V of the Inflation Reduction Act creates a pathway to profitability for green hydrogen. But that hydrogen could be green in name only without smart Treasury Department guidance.

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