Biden administration unveils hydrogen tax credit plan to jump-start industry

https://www.npr.org/2023/12/22/1221280931/biden-hydrogen-tax-credit-plan

The plan outlines a tiered system, with cleaner energy projects receiving more, and smaller credits going to those that use fossil fuel to produce hydrogen.

12 points · 2 comments · view on lemmy.world

2 Comments

TheArstaInventor@kbin.social · 1 pts · 2y (1 reply)

What happened to the billions of investment they promised for hydrogen production? many huge media outlets covered it, but then it was super quiet, what is going on?

Hypx@kbin.social · 1 pts · 2y

Some of it was just waiting for clarification of the rules. But for the most part, those investments are still happening.