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. Section 45V would reduce production costs for all production pathways (in a scenario where they all qualify), although there is uncertainty as to how much these costs might decrease for each technology.
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