Finalized tax credit for cleaner hydrogen gets a cautious OK from some environmental groups
The Biden administration released long-awaited final rules Friday for a tax credit that will send billions of dollars to producers of cleaner hydrogen. The new rules drew cautious praise from environmental groups,
Treasury unveils eleventh-hour final guidance for hydrogen tax credit
The eleventh-hour rules come just over two weeks before President-elect Donald Trump again takes office. He is expected to try to roll back green tax credits and cancel unspent funding issued during the Biden administration.
Nuclear-Energy Stocks Gain After Easing of Hydrogen Tax-Credit Rules
The final rule for clean-hydrogen production would allow some nuclear power plants that are at risk of retirement to produce the gas.
Biden team offers nuclear path to hydrogen tax credit
The Biden administration said on Friday portions of nuclear power plants will be able to secure tax credits to produce clean hydrogen if the credits help to prevent reactors from retiring. The new rules address one of the last and most contentious issues related to the Inflation Reduction Act,
New hydrogen tax rules face uncertain future
The Biden administration finalized long-awaited tax guidance Friday for the production of “clean” hydrogen, but the lasting impact — and even survival — of the credits may come down to Hill Republicans.
Hydrogen tax credit rules give startups clarity while boosting nuclear and carbon capture
Hydrogen startups are widely seen as a promising way to eliminate fossil fuels from heavy industry and long-haul transportation. The wait ended today, with the Treasury announcing final rules for hydrogen producers to qualify for tax credits under the section 45V of the Inflation Reduction Act.
Biden eases rules for hydrogen tax credits in bid to boost sector ahead of Trump
Biden's tax credit changes for hydrogen production could benefit companies like CEG, VST, PLUG, FCEL, SMR, LTBR, OKLO, LEU, and NNE.
US eases 45V hydrogen tax credit rules
The US Treasury’s much-awaited response on the implementation of 45 hydrogen tax credits sees greater timeline flexibility and provisions for nuclear operators.
Treasury releases final rules for clean hydrogen production tax credit
The U.S. Department of the Treasury and Internal Revenue Service released final rules for the section 45V Clean Hydrogen Production Tax Credit
Hydrogen's Green Light Moment: Will PLUG Power Up?
US Treasury releases final guidance on 45V Production Tax Credit, paving the way for a greener hydrogen future. Plug Power Inc. stands to benefit.
After Fierce Lobbying, Treasury Sets Rules for Billions in Hydrogen Subsidies
With a lucrative tax credit, the Biden administration is hoping to establish a new industry that might help fight climate ...
Why Plug Power Stock Popped on Thursday
On the first day of stock market trading for 2025, Plug Power (NASDAQ: PLUG) stock is starting out the year right, rising 9.9 ...
Long-awaited hydrogen rule published by Treasury Department
Houston companies have been waiting for the final rule to be published to see if certain hydrogen produced by natural gas ...