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05 Dec

US Treasury’s leaked H2 guidance outlines stricter 45V rules: report

The Biden administration’s hydrogen tax credit rules could be even stricter than the European Union’s, according to a leaked draft of the guidelines. The guidance, created by the US Treasury Department, is aimed at clean hydrogen producers wanting to claim the “45V” clean hydrogen production tax credit. As a part of the Inflation Reduction Act, this 45V credit features a top rate of $3/kilogram of hydrogen. According to Bloomberg, the leak…
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