A Closer Look At The Final Hydrogen Regs
The time of waiting and hoping is over for taxpayers looking to finance and develop hydrogen projects. Treasury and the IRS ...
Hosted on MSN27d
Finalized tax credit for cleaner hydrogen gets a cautious OK from some environmental groups
Most hydrogen today is made from natural gas, contributing to climate change ... The big question now, he said, is whether the tax credit will move the industry forward and give firms the confidence ...
JD Supra8d
Treasury issues final section 45V clean hydrogen production credit rules
Final 45V rules provide important clarifications and additional flexibility which will allow many hydrogen producers to claim 45V credits, both ...
JD Supra3d
Treasury and IRS Release Final Hydrogen Production Tax Credit Regulations
On January 3, 2025, the U.S. Department of the Treasury (Treasury) and the Internal Revenue Service (IRS) issued final regulations (Regulations) ...
Transport Topics13d
Hydrogen Industry May Turn to Gas, Carbon Capture Under Trump
The U.S. hydrogen economy will likely rely on natural gas and carbon capture technologies rather than green energy in Donald ...
Pfluger, Cruz introduce bill to strike down Biden natural gas tax
August Pfluger (TX-11) and Senator Ted Cruz (R-TX) introduced legislation to alleviate a tax burden President Biden put on hardworking Texans and Americans across the country. The Natural Gas Tax ...
WFMZ-TV9d
Cruz files bills to repeal natural gas tax, offshore drilling ban
Ted Cruz, R-TX, has filed new bills to bolster U.S. energy production, led by the Texas oil and natural gas industry. Cruz on Thursday filed a bill to repeal a tax on natural gas imposed on the ...