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Scrapping the US Clean Hydrogen Tax Credit

Sector: Hydrogen • Location: United States

Source: Hydrogen Insight

Project
Proposed

The US House Ways and Means Committee has proposed to terminate the 45V clean hydrogen production tax credit as part of the upcoming budget reconciliation bill. This move is aimed at ending tax breaks associated with the Biden administration's Inflation Reduction Act, which had aimed to position the US as a leading producer of clean hydrogen.

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Project Information

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The project “Scrapping the US Clean Hydrogen Tax Credit” is an infrastructure initiative in the Hydrogen sector, located in United States. Taiyo aggregates data on it from Hydrogen Insight.

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Participants

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Status

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Proposed

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Description

Description

The US House Ways and Means Committee has proposed to terminate the 45V clean hydrogen production tax credit as part of the upcoming budget reconciliation bill. This move is aimed at ending tax breaks associated with the Biden administration's Inflation Reduction Act, which had aimed to position the US as a leading producer of clean hydrogen.

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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