Air Products has urged the US Treasury to treat calls for less stringent clean hydrogen production tax credit (PTC) rules with scepticism.
Eric Guter, Vice-President, Hydrogen at Air Products, told a Treasury public hearing on the proposed Inflation Reduction Act (IRA) 45V clean hydrogen PTC guidance, the industrial gas giant applauds the “strict standards.”
Amid a wealth of calls for a relaxation of the proposed “three pillar” rules of additionality, temporal and geographical correlation for electrolytic hydrogen producers, Guter said “weak rules” would contradict the IRA and increase emissions.
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