DOE Hydrogen Hubs Decision Funds Fossil Fuels, But 45V Tax Credit Can Right The Ship

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DOE Hydrogen Hubs Decision Funds Fossil Fuels, But 45V Tax Credit Can Right The Ship
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We are a nonpartisan climate policy think tank delivering high-quality research and original analysis to help policymakers make informed energy policy choices. We accelerate the clean energy transition by supporting the policies and strategies that most effectively reduce greenhouse gas emissions.

We are a nonpartisan climate policy think tank helping policymakers make informed energy policy choices and accelerate clean energy by supporting the policies that most effectively reduce greenhouse gas emissions.is intended to fund clusters of projects to test different ways of making, storing, moving, and using a gas that could cut emissions.

Hydrogen hubs will cultivate soil for the nascent industry and scatter seeds of beneficial and harmful projects alike, but they’re only half the story. A looming decision will determine howfertilizes the field—either choking valuable projects amid a mass of weeds, or growing a strong, domestic, truly clean hydrogen industry.selected proposals

The Inflation Reduction Act’s lucrative Section 45V Clean Hydrogen Production Tax Credit will drive the industry’s growth wherever the hubs are testbeds—and determine whether hydrogen becomes a legitimate tool to fight climate change or becomes the country’s next decades-long boondoggle., and it’s critical they get this right. The rules concern a technology called electrolyzers, which use electricity to split water into hydrogen and oxygen.

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