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The new hydrogen tax credits could revolutionize how clean energy is counted

  • Jillian Newhard
  • Jan 9, 2024
  • 1 min read

Updated: Jan 29, 2024

Canary Media

 

The tax-credit rules for clean hydrogen proposed by the Biden administration last month have a specific purpose: to drive the development of a brand-new source of carbon-free fuel for long-term decarbonization needs, ultimately decreasing carbon emissions. 


But it turns out that one of the new structures needed to underpin the rules will be important well beyond the hydrogen sector — it will help further the clean energy transition more broadly.




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