Friday, December 22, 2023

Treasury proposes strict climate rules for lucrative hydrogen energy tax credit | The Hill

Treasury proposes strict climate rules for lucrative hydrogen energy tax credit | The Hill: Producers of hydrogen energy would have to comply with strict climate rules to qualify for a lucrative tax credit under new proposed guidelines from the Treasury Department.  The Biden administration and climate advocates say these guidelines would ensure the nascent power source develops in a sustainable way rather than becoming a significant contributor to global…

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