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• U.S. Department of the Treasury, IRS Release Guidance to Drive American Innovation, Cut Aviation Sector Emissions
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• Two CIP Projects Successful in the First European Hydrogen Bank Auction

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Other articles in the issue

• U.S. Department of the Treasury, IRS Release Guidance to Drive American Innovation, Cut Aviation Sector Emissions

  Today the U.S. Department of the Treasury and Internal Revenue Service (IRS) released guidance on the Sustainable Aviation Fuel (SAF) Credit established by the Inflation Reduction Act (IRA), part of President Biden’s Investing in America agenda to create good-paying jobs and reduce climate pollution by spurring innovation in the aviation industry.

• ESS Technology Takes Off at Schiphol to Decarbonize Air Transportation

  ESS Tech, Inc. (ESS) (NYSE: GWH), a leading manufacturer of long-duration energy storage (LDES) systems for commercial and utility-scale applications, today announced that commissioning has been completed on the initial system installed at Amsterdam Airport Schiphol. This marks the launch of a project designed to reduce carbon emissions by electrifying ground operations.

• A Sustainable Future for Steel: Air Products Paves the Way at AISTech2024

  At AISTech2024, happening from May 6-9, 2024, Air Products is set to present an array of cutting-edge decarbonization technologies aimed at transforming the iron and steel industry. This marks a significant step forward in addressing environmental sustainability within these sectors.

• Stockholm Exergi Announces Permanent Carbon Removal Agreement With Microsoft, World's Largest to Date

  Stockholm Exergi today announced that it has signed a contract with Microsoft covering 3.33 million tonnes of permanent carbon removals from bio-energy with carbon capture and storage (BECCS) at Värtan, Stockholm. The agreement represents the world's largest permanent removals deal to date.

• Hyzon Applauds Final Treasury Regulations Impacting Tax Credits for Qualified Commercial Clean Vehicles

  Parker Meeks, Chief Executive Officer of Hyzon (NASDAQ: HYZN), a U.S.-based, leading hydrogen fuel cell technology developer and global supplier of zero-emission powertrains, issued the following statement in support of final regulations the U.S. Department of the Treasury recently released regarding federal tax credits for purchasing clean vehicles, including the up to $40,000 federal tax credit for purchasing qualified commercial clean vehicles.