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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.

Law 52
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Right on Energy: Section 45V Hydrogen Production Tax Credit  

Cresforum

Currently, the operation of a hydrogen pipeline involves oversight by various federal agencies and a patchwork of federal statutes and regulations. Without incentives, hydrogen production with natural gas is typically cheaper than via electrolysis with renewable energy, even if it includes carbon, capture, utilization, and storage (CCUS).