In December, the Treasury Department and the Internal Revenue Service proposed regulations governing implementation of the 45V Clean Hydrogen Production Tax Credit, passed as part of 2022’s Inflation Reduction Act.
A substantial portion of the guidance and supporting materials is dedicated to electrolytic production of hydrogen; i.e., using electricity to split water into hydrogen and oxygen. I break down key aspects of the proposal’s electrolyzer requirements, including the rigor of its core organizing framework and the risks posed by possible compliance flexibilities, in a separate blogpost, found here.
But electrolysis isn’t the only hydrogen production pathway capable of qualifying for 45V—and it isn’t the only pathway that could unintentionally result in incentivizing pollution increases, not decreases, in the absence of sufficiently rigorous…
Read the full article originally published at blog.ucsusa.org.