The US Department of the Treasury’s final rules for hydrogen production credits under section 45V of the federal tax code are generating reactions from industry and environmental groups.
The final rule for the 45V clean hydrogen production tax credit, which the U.S. Treasury Department released Friday morning, drew mixed responses from industry leaders and environmentalists.
Companies and organizations are still looking into what it all may mean before moving forward. Newly finalized federal rules for a tax credit on the production of clean hydrogen qualifies methane ...
We recently compiled a list of the 12 Best Hydrogen and Fuel Cell Stocks to Buy for 2025. In this article, we are going to take a look at where BP p.l.c. (NYSE:BP) stands against the other ...
WASHINGTON (January 3, 2025)—The U.S. Department of the Treasury (Treasury) and the Internal Revenue Service (IRS) issued final rules today governing implementation of the 45V Credit for the ...
On January 3, 2025, the Internal Revenue Service (“IRS”) and the Department of the Treasury (“Treasury”) released long-awaited final regulations regarding the clean hydrogen production tax ...
PITTSBURGH, Jan. 3, 2025 /PRNewswire/ -- Today, in response to the issuance of final rules regarding the Inflation Reduction Act's Section 45V Hydrogen Production Tax Credit, CNX Resources ...
Green hydrogen has been touted by politicians and business leaders alike as a key fuel for a carbon-free future. But it will remain far more expensive than previously thought for decades to come ...