UCS Testimony on the Clean Hydrogen Production Tax Credit
Union of Concerned Scientists
MARCH 25, 2024
UCS supports Treasury’s proposed temporal-matching requirement, with a phase-in of hourly matching by 2028 with no exemptions for legacy producers. Offsets would be entirely discordant with the intention of 45V, which is specifically designed to incentivize technology and process innovations to enable truly clean hydrogen production.
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