Plug Power shares surged for a second straight session on new tax credit rules for clean hydrogen production. Last week, the ...
The U.S. Treasury ... will guide use of provisions in the 2022 Inflation Reduction Act to allow owners and developers of “clean” hydrogen facilities to claim production tax credits, make ...
In a decision Woodside says is “not particularly” related to America’s new fossil fuel focus, the Australian oil and gas major has marched back its US “new energy” ...
It is important for India to establish a coherent and comprehensive tax framework which will incentivise green investment and ...
After staying flat for nearly two decades, electricity use is starting to rise again, and the boom in wind and solar power ...
The IRS and the Treasury Department issued final regulations on January 3 (Final Regulations), providing guidance on the clean hydrogen production ...
He is expected to try to roll back green tax credits and ... generated for hydrogen production must be in the same grid region as the hydrogen facility. The United States currently produces ...
She added that the final rules give clear guidance on the interplay of section 45V and other tax credits, and she clarified that a hydrogen ... first productive use rule. The government chose ...
But they have been stuck in limbo for the last couple years, waiting for official guidance from the U.S. Treasury on lucrative tax credits ... use electricity to split water molecules into ...
The president said he’d declare an energy emergency, increase drilling and end support for electric cars. His pivot to oil ...
WASHINGTON (Reuters) - The Biden administration said on Friday nuclear power plants will be able to secure lucrative tax credits ... the United States a global leader in truly green hydrogen ...