ExxonMobil presses case for hydrogen IRA tax credit following ammonia accord with JERA : vimarsana.com

ExxonMobil presses case for hydrogen IRA tax credit following ammonia accord with JERA

JERA will consider buying 500,000 tons a year, or half the ammonia produced from Exxon’s proposed low-carbon hydrogen project in Baytown, Texas, the companies said in a statement. Hydrogen can be converted into ammonia for shipping and storage, then burned cleanly to produce electricity.

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