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Right on Energy: Section 45V Hydrogen Production Tax Credit  

Cresforum

FEBRUARY 7, 2024

clean hydrogen production to 10 MMT by 2030 and 50 MMT by 2050 to achieve a 10 percent reduction in domestic greenhouse gas emissions. In May 2023, the company put a $900 million nuclear-powered clean hydrogen production facility on hold, awaiting clarity on the rules. and global hydrogen production by source. Source: U.S.

Fossil Fuels 78
Fossil Fuels Electricity 2028 Natural Gas 78
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Climate Choices Part II — Session Law 2021-165 (Carbon Reduction Plan)

Smith Enviorment

JANUARY 22, 2023

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.

Law 52
Law 2021 Natural Gas 2030 52
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