Hydrogen Subsidies

Addressing the Challenges of the Hydrogen Society Promotion Act: Transitioning Away From Imported Fossil Fuels | Column

Addressing the Challenges of the Hydrogen Society Promotion Act: Transitioning Away From Imported Fossil Fuels | Column

in Japanese (Japanese original published on 29 November 2024) 1 Introduction The Hydrogen Society Promotion Act passed in May 2024, was followed by the October promulgation of the “Enforcement Regulation for the Act for Promotion of Procurement and Utilization of Low-carbon Hydrogen and its Derivatives1”(a ministerial ordinance)2. This regulation sets standards for CO2 emissions of...

After Fierce Lobbying, Treasury Sets Rules for Billions in Hydrogen Subsidies

After Fierce Lobbying, Treasury Sets Rules for Billions in Hydrogen Subsidies

The Biden administration on Friday made final its long-awaited plan to offer billions of dollars in tax credits to companies that make hydrogen, in the hopes of building up a new industry that might help fight climate change.When burned, hydrogen mainly emits water vapor, and it could be used instead of fossil fuels to make steel or fertilizer or to power large trucks or ships.But whether or not...

Finally A Framework For Clean Hydrogen Subsidies

Finally A Framework For Clean Hydrogen Subsidies

Current Climate brings you the latest news about the business of sustainability every Monday. Sign up to get it in your inbox. getty Clean hydrogen is vital to help curb carbon emissions from dirty industrial processes like making steel and fertilizer. So in 2022, the Biden Administration created a valuable new credit for hydrogen that’s made without generating lots of additional greenhouse gases,...

Nel awarded m in US tax credits for proposed green hydrogen electrolyser gigafactory in Michigan

Nel awarded $29m in US tax credits for proposed green hydrogen electrolyser gigafactory in Michigan

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...

Compare listings

Compare