Rocky Mountain Institute: Treasury Releases Strong Hydrogen Tax Credit Guidance That Will Fuel Low-Carbon Economic Growth in Communities Nationwide
December 23, 2023
December 23, 2023
WASHINGTON, Dec. 23 -- Rocky Mountain Institute issued the following news release:
On Friday, December 22, the US Treasury Department released proposed guidance for the Inflation Reduction Act's (IRA) clean hydrogen tax credit. The guidance conditions eligibility for this tax credit, an incentive of up to $3/kilogram, on the hydrogen produced using clean power sources. Notably, the guidance enables grid-connected hydrogen projects to qualify for the credit while setting evidenc . . .
On Friday, December 22, the US Treasury Department released proposed guidance for the Inflation Reduction Act's (IRA) clean hydrogen tax credit. The guidance conditions eligibility for this tax credit, an incentive of up to $3/kilogram, on the hydrogen produced using clean power sources. Notably, the guidance enables grid-connected hydrogen projects to qualify for the credit while setting evidenc . . .