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The Biden administration proposed strict new guidelines for a highly-anticipated tax credit aimed at making hydrogen a more affordable source of clean energy.
The rules, two years in the making, were announced by U.S. officials at the U.N.’s COP28 climate change conference in Dubai. The U.S. and other nations attending the summit are expected to detail how they will achieve a 150-country pledge made two years ago to slash methane emissions by 30% from 2020 levels by 2030.