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U.S. Department of the Treasury Releases Final Rules for Clean Hydrogen Production Tax Credit

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The U.S. Department of the Treasury and IRS released final rules for the section 45V Clean Hydrogen Production Tax Credit. These rules include changes to support industry growth while meeting emissions requirements. They clarify eligibility for hydrogen producers using diverse energy sources like renewables, natural gas with carbon capture, and coal mine methane. The updates aim to advance clean hydrogen projects under the Inflation Reduction Act.

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