Proposed Electrolyzer Requirements for the Hydrogen Tax Credit: Strengths and Risks
Union of Concerned Scientists
JANUARY 18, 2024
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.
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