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Treasury proposes strict climate rules for lucrative hydrogen energy tax credit

New guidelines proposed by the Treasury Department would require producers of hydrogen energy to adhere to strict climate rules to qualify for a lucrative credit. Climate advocates and the Biden administration say that these guidelines will ensure that this nascent energy source develops in an environmentally sustainable way, rather than becoming…

 According to the Treasury Department’s fresh proposed guidelines, hydrogen energy producers would need to abide by stringent climate regulations in order to be eligible for a sizable tax credit. These regulations, according to the Biden administration and climate activists, would make sure that the emerging power source develops in a responsible manner rather than turninginto… According to the Treasury Department’s fresh proposed guidelines, hydrogen energy producers would need to abide by stringent climate regulations in order to be eligible for a sizable tax credit. These regulations, according to the Biden administration and climate activists, would make sure that the emerging power source develops sustainably more than turninginto… 

New guidelines proposed by the Treasury Department would require producers of hydrogen energy to adhere to strict climate rules to qualify for a lucrative credit. Climate advocates and the Biden administration say that these guidelines will ensure that this nascent energy source develops in an environmentally sustainable way, rather than becoming…

  

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