WASHINGTON (Reuters) – The U.S. Treasury Division intends to launch steering on tips on how to entry tax credit for hydrogen manufacturing underneath the 2022 Inflation Discount Act later this week, in line with two sources conversant in the matter.
The long-awaited steering will present a pathway for hydrogen produced utilizing nuclear energy to entry the credit, the sources advised Reuters, although the small print of that plan weren’t instantly clear.
The query of whether or not present nuclear crops needs to be eligible for the hydrogen subsidy has been a significant sticking level for the rule, with environmentalists saying solely hydrogen produced with new clear power sources needs to be granted the perks.
One of many sources stated the steering would doubtless be launched on Friday.
The U.S. Treasury Division didn’t instantly present remark.
