WASHINGTON (Reuters) – The U.S. Treasury Division intends to launch steerage on the right way to entry tax credit for hydrogen manufacturing beneath the 2022 Inflation Discount Act later this week, in keeping with two sources aware of the matter.
The long-awaited steerage will present a pathway for hydrogen produced utilizing nuclear energy to entry the credit, the sources advised Reuters, although the small print of that plan weren’t instantly clear.
The query of whether or not present nuclear vegetation needs to be eligible for the hydrogen subsidy has been a serious sticking level for the rule, with environmentalists saying solely hydrogen produced with new clear vitality sources needs to be granted the perks.
One of many sources stated the steerage would seemingly be launched on Friday.
The U.S. Treasury Division didn’t instantly present remark.
