Industry Coalition Seeks To Preserve IRA’s Low-Carbon Hydrogen Credit

A diverse industry coalition is urging top congressional Republicans to preserve the Inflation Reduction Act’s (IRA) tax credit for low-carbon hydrogen production, offering another case of an industry push to retain elements of the IRA despite calls from many GOP lawmakers to scale it back in their budget “reconciliation” legislation. “This is a unique moment that offers the United States the opportunity to become the undisputed world hydrogen leader, and that success will be underpinned by maintaining the 45V tax...