In an effort to increase the quantity of clean hydrogen (H2) in the U.S., the Inflation Reduction Act (IRA) incorporated a 10-year production tax credit based on the carbon intensity (CI) of the H2 produced, often referred to as the 45V tax credit. The Treasury Department recently released additional guidance on CI accounting, including through […]
The United States is entering a new era of climate action. As the Inflation Reduction Act (IRA) of 2022 becomes law, we mark a historic moment for the advancement of clean energy technologies and decarbonization of the U.S. electric grid. This long-awaited, broad-based climate legislation will provide corporate climate leaders in the U.S. with more […]