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

Union of Concerned Scientists

In late December, the Treasury Department and the Internal Revenue Service (IRS) released proposed regulations for the Section 45V Clean Hydrogen Production Tax Credit. Finding careful resolution to these issues will be a key point of focus over the comment period for these regulations, which is set to run through February 26 th , 2024.

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UCS Testimony on the Clean Hydrogen Production Tax Credit

Union of Concerned Scientists

Department of the Treasury is hosting a public hearing on the December 2023 proposed regulations governing implementation of the Section 45V Credit for Production of Clean Hydrogen. The proposed regulations clearly adhere to that framework, fully comporting with a plain reading of the text. From March 25 to March 27, 2024, the U.S.

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Guide to the New SEC Climate Disclosure Rules

Capaccio

Keeping this in mind, there is no one-size-fits-all solution for compliance with the new rules. Greenhouse Gas Emissions The rules require large accelerated filers (LAFs) and accelerated filers (AFs) to disclose material Scope 1 (direct) and Scope 2 ( i.e., electricity, steam, heating, or cooling) greenhouse gas emissions.

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Emergency? Part 4

Legal Planet

These include the Landfill Methane Regulation , SLCP Reduction Strategy , 2022 Scoping Plan , and SB 1383. Methane is primarily released by humans through agriculture, energy production, wastewater, and landfills. California has established a suite of strategies that lead the world in their ambition and sophistication.

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Homer City Coal-Fired Power Plant To Close In Indiana County; Low Price Of Natural Gas, High Price Of Coal, Regulatory Burdens, RGGI Cited As Causes

PA Environment Daily

Homer City based its decision on several factors including the low price of natural gas, a dramatic spike in the cost of its ongoing coal supply, unseasonably warm winters and increasingly stringent environmental regulations. Homer City was the largest coal-fired power plant still operating in Pennsylvania at 1,915 MW.

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PJM Interconnection Hears Testimony On Making Electricity Market Reforms To Address Nonperformance Of Natural Gas And Other Generators During Winter Storm Elliot; Transition To Clean Energy

PA Environment Daily

On August 8, PJM Interconnection and other regional electric grid operators submitted comments on a proposed EPA regulation to cut greenhouse gas emissions from power plants expressing concerns the rule will accelerate retirements of fossil fuel plants without reliable renewable and electric storage technologies to replace them.

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Senate Hearing: Wholesale Electricity Prices Too Low To Support Coal, Natural Gas Power Plants In Market; Natural Gas Reliability Issues Will Continue

PA Environment Daily

Locher said the Keystone and Conemaugh facilities announced they will close by 2028. The second area that is currently and prospectively adversely impacting the timing of Key Con plant closures are final and pending new environmental regulations.” “Historically, demand has been relatively flat, maybe growing about 1% a year.