Industry Split Grows Over Rules For Low-Carbon Hydrogen Tax Credit

Producers in the emerging low-carbon hydrogen sector remain split over the strict lifecycle greenhouse gas analysis requirements in the Treasury Department’s proposed implementing rules for a clean hydrogen tax credit, with some companies in formal comments expressing support for such criteria while others claim the plan could chill development. The divergent views are highlighted in comments filed by the Feb. 26 deadline, including claims by a trade group representing both renewables and natural gas interests that softening proposed requirements for...