WRITTEN BY WSJ EDITORIAL BOARD ON DEC 29, 2023. POSTED IN LATEST NEWS
Green Groups Feuding Over Treasury’s Clean Hydrogen Tax Credit Rule
Liquid Hydrogen Tank storagePresident Biden’s climate policy contradictions keep piling up.
Witness the family feud that blew up late last week between the renewables lobby and green groups over the Biden Administration’s new proposed rules for the Inflation Reduction Act’s clean hydrogen tax credit.
The IRA created a new tax credit for producing clean hydrogen from low-emissions sources. [emphasis, links added]
The climate lobby envisions clean hydrogen someday replacing fossil fuels in airplanes, long-distance trucking, shipping, and steel and fertilizer manufacturing. The dispute is over how the government should define “clean.”
https://climatechangedispatch.com/green-groups-feuding-over-treasurys-clean-hydrogen-tax-credit-rule/