Tax Breaks Spark Revolution In Clean Hydrogen Production

Tax Breaks Spark Revolution In Clean Hydrogen Production

The U.S. Treasury and IRS have finalized rules for the Section 45V Clean Hydrogen Production Tax Credit, offering up to $3 per kilogram for hydrogen with low GHG emissions. This move is set to invigorate the clean hydrogen sector, encouraging innovation and reducing production costs—key to decarbonizing industries like steel and chemicals. Source and details of the news

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