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UCS Testimony on the Clean Hydrogen Production Tax Credit

Union of Concerned Scientists

Because the 45V credit has the potential to dramatically accelerate investments in hydrogen production infrastructure, it’s critical that implementation of the credit ensures that “qualified clean hydrogen” is indeed climate-aligned from the outset. This is the starting point from which all of Treasury’s implementation decisions must follow.

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Proposed Electrolyzer Requirements for the Hydrogen Tax Credit: Strengths and Risks

Union of Concerned Scientists

That’s because 45V awards credits based on the lifecycle greenhouse gas emissions rate of produced hydrogen, and the statutory text defines that term via explicit reference to a definition set in the Clean Air Act. Weakening or delaying the shift to hourly matching. But preventing backsliding will be hard.