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Right on Energy: Section 45V Hydrogen Production Tax Credit  

Cresforum

The United States has natural advantages for hydrogen production because of its ample availability of feedstocks, storage, and adaptable natural gas supply infrastructure. clean hydrogen production to 10 MMT by 2030 and 50 MMT by 2050 to achieve a 10 percent reduction in domestic greenhouse gas emissions.

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Climate Choices Part II — Session Law 2021-165 (Carbon Reduction Plan)

Smith Enviorment

In developing the plan, the law directs the Utilities Commission to follow existing state law with respect to least-cost generation of power and maintain system reliability. So the law requires a balancing of consumer costs/system reliability and reduction of greenhouse gas emissions.

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