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In late December, the Treasury Department and the Internal Revenue Service (IRS) released proposed regulations for the Section 45V Clean Hydrogen Production Tax Credit. The tax credit, passed as part of 2022’s Inflation Reduction Act, provides a generous incentive for the production of clean hydrogen.
Department of the Treasury is hosting a public hearing on the December 2023 proposed regulations governing implementation of the Section 45V Credit for Production of Clean Hydrogen. The proposed regulations clearly adhere to that framework, fully comporting with a plain reading of the text. Hourly matching.
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EPA , represents the Centers most recent effort to support strong federal climate regulations that protect and advance the wellbeing of cities and their residents. Environmental Protection Agencys (EPA) 2024 greenhouse gas emissions standards for heavy-duty vehicles (the HDV Rule) that went into effect on June 21, 2024.
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Oh, and this effective government program with years of bipartisan approval, mind you is able to cut pollution by working collaboratively with the private sector on a voluntary system rather than regulating it. In a galaxy where logic prevails, this model program does its thing without us ever having to think about it again.
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