Hydrogen tax credit plan unveiled, aimed at jump starting industry
Bllions of dollars in tax credits would go to hydrogen producers to build out an industry that some hope can be a cleaner alternative to fossil fuel power.
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Bllions of dollars in tax credits would go to hydrogen producers to build out an industry that some hope can be a cleaner alternative to fossil fuel power.
The Biden administration released its highly anticipated proposal for doling out billions of dollars in tax credits to hydrogen producers Friday, in a massive effort to build out an industry that some hope can be a cleaner alternative to fossil fuel power.
The plan outlines a tiered system, with cleaner energy projects receiving more, and smaller credits going to those that use fossil fuel to produce hydrogen.
The plan outlines a tiered system, with cleaner energy projects receiving more, and smaller credits going to those that use fossil fuel to produce hydrogen.
The plan outlines a tiered system, with cleaner energy projects receiving more, and smaller credits going to those that use fossil fuel to produce hydrogen.