One of the projects awaiting the 45V final rules was a potential $1.5 billion sustainable aviation fuel hub at Pittsburgh International Airport.
Company Sells $13.5 Million of Tax Credits Generated by Renewable Natural Gas and Solar Project Investments CUPERTINO, CA - (NEWMEDIAWIRE) - Aemetis, Inc. (NASDAQ: AMTX), a renewable natural gas and ...
Plug Power shares surged for a second straight session on new tax credit rules for clean hydrogen production. Last week, the ...
The Biden administration has finalized rules for a tax incentive promoting hydrogen production using renewable power, with lower credits for processes using abated natural gas. The Clean Hydrogen ...
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 ...
Final 45V rules provide important clarifications and additional flexibility which will allow many hydrogen producers to claim 45V credits, both ...
U.S. President Donald Trump put the future of the EV tax credit and charging station funding in question with his Unleashing ...
methane and renewable natural gas to receive the tax credit. The credit, which provides as much as $3-per-kilogram for production, is meant to spur a domestic industry for the clean-burning fuel ...
The rules also allow natural gas-fired facilities that produce hydrogen to access the credits if they install equipment to capture and bury their carbon dioxide emissions. It is unclear how the ...
By contrast, it costs about $1 to $2 per kilogram to make hydrogen from natural gas. The new tax credit will be worth up to $3 per kilogram, which could bridge the gap in some cases but not all.
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 ...
The time of waiting and hoping is over for taxpayers looking to finance and develop hydrogen projects. Treasury and the IRS ...