Environmental Defense Fund: 45V Offers a Pathway for Green Hydrogen to Cut Climate Pollution - But Blue Hydrogen Risks Still Need to Be Addressed
January 04, 2025
January 04, 2025
NEW YORK, Jan. 4 -- The Environmental Defense Fund issued the following news release:
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EDF Statement from Beth Trask, Vice President, Global Energy Transition
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(WASHINGTON - January 3, 2024) Today, the Department of Treasury finalized guidance for the 45V Tax Credit for the Production of Clean Hydrogen. The tax credit, authorized by the Inflation Reduction Act, creates a new 10-year incentive for clean hydrogen up to $3.00/kg.
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EDF Statement from Beth Trask, Vice President, Global Energy Transition
* * *
(WASHINGTON - January 3, 2024) Today, the Department of Treasury finalized guidance for the 45V Tax Credit for the Production of Clean Hydrogen. The tax credit, authorized by the Inflation Reduction Act, creates a new 10-year incentive for clean hydrogen up to $3.00/kg.
. . .