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February 15, 2024
A major question looming over an anticipated Treasury Department rule meant to boost the production of clean hydrogen energy is whether fossil fuel companies will qualify for federal subsidies ⏤ a possibility that environmentalists oppose on the grounds that it could undermine climate benefits of the policy. The tax credit at issue, known as 45V,
January 3, 2024
On Friday, December 22, the US Treasury Department released initial guidance regarding the Inflation Reduction Act’s (IRA) clean hydrogen (45V) tax credit
October 16, 2023
Today (Oct 13), the U.S. Department of Energy announced the recipients of the Regional Clean Hydrogen Hubs (also known as H2Hubs) funding, which includes up to $7 billion across seven regional hydroge. . .
May 12, 2023
“The EPA is calling the bluff on the power industry.”
January 9, 2023
New subsidies from the Inflation Reduction Act are powering the race to build the country’s first large-scale producer of “green hydrogen.”
August 3, 2022
A $5.8 billion program in the Senate climate package is being called both a potential game changer for decarbonizing the industrial sector and a barrier to
July 29, 2022
The sweeping agreement this week between Senate Majority Leader Chuck Schumer and Energy and Natural Resources Chair Joe Manchin would make significant
May 13, 2021
Overnight Energy: Colonial Pipeline says it has restored full service | Biden urges people not to panic about gasoline shortages | EPA rescinds Trump-era cost-benefit rule Rachel Frazin © Getty Images President Biden HAPPY THURSDAY!!! Welcome to Overnight Energy, your source for the days energy and environment news.Please send tips and comments to Rachel Frazin at rfrazin@thehill.com . Follow her on Twitter: @RachelFrazin . Reach Zack Budryk at zbudryk@thehill.com or follow h...
December 15, 2020
Hydrogen Hype in the Air Special To The Auto Channel “Unlike fossil fuels, which emit planet-warming carbon dioxide when they’re burned, hydrogen mostly produces water.” Answer: false. That statement appeared in a Bloomberg Green article[1] a week or so ago. It reported on future European plans to use hydrogen (H2) as a fuel “in modified gas turbines” to power airplanes. Similar reports have appeared in other reputable energy articles about how hydrogen is the optimal climate solutio...