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January 03,2025

Scaling Clean Hydrogen: US Treasury's New Tax Credit Guidance

The US Treasury Department is set to release guidance this week on how to access tax credits for Hydrogen production under the 2022 Inflation Reduction Act. The guidance will include a pathway for H2 produced using nuclear power to qualify for these credits. This move has been anticipated for some time and is part of the Biden administration's efforts to scale up the clean Hydrogen industry.

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