Hydrogen Subsidies

Spanish prime minister announces €1.2bn in new subsidies for green hydrogen hubs

Clarity on clean hydrogenOur mission is to deliver engaging and independent business journalism and insight to executives and leaders in the global clean hydrogen industry. We focus on delivering the news and analysis that matters, fearlessly looking beyond the hydrogen hype to provide a balanced view of the market, giving readers the knowledge they need to make critical business decisions. Source link...

Senators urge Treasury to ease hydrogen tax subsidy guidelines

Sen. Alex Padilla (D-Calif.) speaks to a photographer as he leaves the Senate Chamber following a procedural vote regarding the Right To Contraception Act on Wednesday, June 5, 2024. More than a dozen Democratic senators called on Treasury Secretary Janet Yellen to relax guidelines around federal tax subsidies for the hydrogen industry in a letter this week. The current guidance,...

Billions of dollars in hydrogen subsidies on the way after Brazilian legislators finally pass new H2 law

Clarity on clean hydrogenOur mission is to deliver engaging and independent business journalism and insight to executives and leaders in the global clean hydrogen industry. We focus on delivering the news and analysis that matters, fearlessly looking beyond the hydrogen hype to provide a balanced view of the market, giving readers the knowledge they need to make critical business decisions. Source link...

Brazil’s hydrogen subsidies get green light, emissions cap raised by 75% | Policy

Congressman Arnaldo Jardim ©Mário Agra/Chamber of Deputies Congressman Arnaldo Jardim ©Mário Agra/Chamber of Deputies Brazil’s Chamber of Deputies has approved a green hydrogen certification and tax incentive package with a major amendment that increases the carbon intensity of low-carbon hydrogen by 75%.Last November, the House passed Bill 2308/23 to establish the Low Carbon Emission Hydrogen...

Labor’s green hydrogen rules for $6.7 billion subsidy splits producers

Proposed rules on green hydrogen would prove “catastrophic” for the country’s clean energy export ambitions and may result in taxpayers rewarding producers for making the gas using fossil fuels, clean hydrogen advocates say.The federal government’s proposed criteria for access to $6.7 billion in subsidies has appalled those who argue that Australian standards must match strict criteria in the...

Brazilian hydrogen law sent for presidential sign-off, including lenient definition of ‘clean’ H2

Clarity on clean hydrogenOur mission is to deliver engaging and independent business journalism and insight to executives and leaders in the global clean hydrogen industry. We focus on delivering the news and analysis that matters, fearlessly looking beyond the hydrogen hype to provide a balanced view of the market, giving readers the knowledge they need to make critical business decisions. Source link...

Hydrogen Subsidy Worth Billions Includes Strict Green Rules

Billions of dollars in hydrogen-industry subsidies from President Joe Biden’s signature climate law will come with stringent environmental safeguards, raising concerns that strict rules will stifle production of the nascent climate-friendly fuel. Under the proposed rules laid out Friday, the new clean-hydrogen tax credit won’t benefit existing nuclear power plants, which is a blow to reactor owners...

H2 Green Steel considering natural hydrogen potential when selecting new sites

Clarity on clean hydrogenOur mission is to deliver engaging and independent business journalism and insight to executives and leaders in the global clean hydrogen industry. We focus on delivering the news and analysis that matters, fearlessly looking beyond the hydrogen hype to provide a balanced view of the market, giving readers the knowledge they need to make critical business decisions. Source link...

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