Fact checked by Vikki Velasquez The clean vehicle tax credit is designed to encourage you to purchase an electric vehicle (EV ...

The $8,000 US federal tax credit for hydrogen vehicles will expire at the end ... 113th Congress did in December was to take up the tax credits that expired at the end of 2013 and renew some ...

The United States ... vehicle incentives. It also doesn’t condition its support of batteries and heat pumps on where they get their electricity, as the tax credits reward the purchase rather ...

What many US consumers may not be aware of, however, is what electric vehicle tax credits may be available ... the federal government and its respective state entities offer several perks to ...

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 ...

plug-in hybrids and hydrogen fuel-cell vehicles, according to the National Resources Defense Council (NRDC). That's over and above the $7,500 that the US government offers in rebates for plug-in ...

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 ...

Plug Power shares surged for a second straight session on new tax credit rules for clean hydrogen production. Last week, the ...

Your guide to what the 2024 US election ... tax credits do a lot to subsidise the production of hydrogen, but there also needs to be a demand for that hydrogen. Someone has to want to use it ...

The Biden administration Friday rolled out ambitious plans to subsidize clean hydrogen energy, but details of these long-awaited tax credits illustrate ... are aimed at enabling U.S. domination ...

The US government relaxed some of the strictest criteria for hydrogen producers seeking billions of dollars in tax credits, giving Australian green fuel hopefuls a reprieve after a torrid 2024 ...