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11 Mar
15:32

Proposed US H2 tax credits will hinder sector growth: Fitch

The proposed rules for the US green hydrogen production tax credit may hamper the industry’s market growth potential due to increased capital costs and market risks, according to Fitch Ratings.  The US credit rating agency warns that while the guidelines may encourage “truly green” hydrogen production, they are likely to increase project costs and reduce efficiency, Kallanish notes. The Inflation Reduction Act’s 45V clean hydrogen tax…
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