Standards requiring renewable clean hydrogen to be truly clean will drive economic growth  ...Middle East

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Standards requiring renewable clean hydrogen to be truly clean will drive economic growth 
Soon, the U.S. Treasury is expected to announce crucial guidance around the definition of “Clean Hydrogen” that will govern qualification for the Internal Revenue Code Section 45V production tax credit, an incentive intended to encourage production and use of hydrogen introduced in the Inflation Reduction Act (IRA) of 2022.  This guidance must acknowledge that not all hydrogen projects are the same when it comes to emissions intensity and give priority to those that truly reduce emissions. By incentivizing projects with low or no-emissions through the maximum credit available, the U.S. can lead with affordable, scalable solutions and pass the benefits on to partners and customers in ha

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