US hydrogen production tax credit in danger of becoming ‘yet another fossil fuel subsidy’: Friends of the Earth

Big Oil and other polluters are leading a “massive lobbying campaign” against the US Treasury’s proposed clean hydrogen production tax credit guidelines, centred on “greenwashing” hydrogen produced from renewables and natural gas”, says a new report entitled The Hydrogen Hustle by Friends of the Earth. The US government released proposed guidelines back in December to ensure that companies...

Croatia earmarks subsidies for its first hydrogen filling stations for vehicles

The Ministry of Economy and Sustainable Development has prepared EUR 29.6 million to subsidize the construction of hydrogen filling stations and electricity chargers for vehicles over the next three years. The funds should enable Croatia to get its first hydrogen filling stations for cars, buses, and trucks. The plan is to install at least six units. Out of EUR 29.6 million in...

Austria says it will increase green hydrogen production subsidies to €100m a year

The Austrian government has massively increased the amount of money it will make available for green hydrogen production subsidies, the country’s finance minister announced today. Only last week, a new draft law was unveiled that would provide €400m ($438.5m) of subsidies through the EU’s European Hydrogen Bank (EHB) for Austrian green H2 projects over the next ten years — €40m annually. But...

EU body calls for more subsidies for hydrogen vehicles to help them compete against battery EVs

The EU should implement long-term subsidies or tax incentives to offset the higher cost of running hydrogen-powered vehicles compared to battery electric vehicles (BEVs), according to a new report from the European Commission’s Joint Research Centre (JRC). After pointing out that fuel-cell electric vehicles (FCEVs) and buses (FCEBs) “face competition from battery electric alternatives, which benefit...

A call to boldly support the hydrogen sector

image © Plug Power Europe Plug Power calls on the European Union to take inspiration from the tremendous success of the first Hydrogen Bank Auction to take a bolder step in supporting the hydrogen sector Because Plug Power operates in the U.S. and Europe, people often ask us about the difference between the hydrogen support schemes in these regions. The recent draft regulations on the...

Biden-Harris Administration announce $750 million towards clean hydrogen projects ahead of World Hydrogen North America in Houston this May

Press Release by World Hydrogen North America The global focus on hydrogen as a clean, versatile, and sustainable energy carrier continues to intensify. The Biden-Harris Administration's announcement of a $750 million investment across 52 projects to support America's growing clean hydrogen economy, as highlighted in a recent article published by the U.S. Department of Energy, underscores the...

EU will overtake US with subsidies to this new fuel: we only have electrics, and that´s not enough

The European Union is leading the ecological transition on the roads, although in the United States we have not been too far behind either… until now. Just on the other side of the Atlantic, they have just approved subsidies for more futuristic vehicles than electric ones (and no, they are not going back to gasoline, nor are they betting everything on hybrids). Subsidies with which the EU is ahead of...

US to unveil final plans for $1bn subsidy scheme for clean hydrogen users by end of September

A US government plan for $1bn of subsidies for clean hydrogen users will be finalized by the end of September, the programme leader told the CERAWeek energy conference in Houston this week. Ernest Moniz, a controversial figure who was US energy secretary under President Barack Obama, was appointed by the Department of Energy in January to lead a consortium tasked with designing and implementing...

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