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Right on Energy: Section 45V Hydrogen Production Tax Credit  

Cresforum

clean hydrogen production to 10 MMT by 2030 and 50 MMT by 2050 to achieve a 10 percent reduction in domestic greenhouse gas emissions. Currently, the operation of a hydrogen pipeline involves oversight by various federal agencies and a patchwork of federal statutes and regulations. and global hydrogen production by source. Source: U.S.

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

Smith Enviorment

Under the law, “carbon neutrality” means that for every ton of CO 2 emitted in the state by a regulated EGU an equivalent amount of CO 2 must be reduced, removed, prevented, or offset. regulated by the Utilities Commission; and 2. The law limits offsets to 5%. The reduction goals apply to electric utilities that are: 1.

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