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The special geology of Mississippi is again giving the state a stab at playing a key role in the energy sector, this time for a burgeoning renewable power
The new year brings a renewed push from the Biden administration to implement major energy and climate laws.
The Treasury Department has released proposed guidance for a tax credit meant to spur investment into hydrogen, an energy source that emits no carbon emissions when burned. But the highly anticipated rules are sparking division within the sector, with many asserting the department’s stringent requirements will hinder the industry from taking off, while others cheered the strict criteria as promoting the “cleanest” form of hydrogen production.
Hydrogen has a lot of advantages as a green fuel alternative. When burned, it doesn’t create the greenhouse gas carbon dioxide associated with gasoline, oil, natural gas and propane emissions.
Hydrogen has a lot of advantages as a green fuel alternative. When burned, it doesn’t create the greenhouse gas carbon dioxide associated with gasoline, oil, natural gas and propane emissions.