Biden Administration Advances Hydrogen Tax Credits in Clean Energy Push
Hydrogen Fuel News
JANUARY 3, 2025
Hydrogen Tax Credits Backing Nuclear Power The Biden administration has unveiled new regulations that clarify tax credit eligibility for hydrogen production, aiming to bolster clean energy innovation and retain the economic viability of nuclear power plants. The new guidelines, central to the Inflation Reduction Act (IRA), represent a major step in combating climate change by incentivizing technologies that reduce greenhouse gas emissions.
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