U.S. Clean Hydrogen Tax Credit Proposal Leaves Out Nuclear Energy

The U.S. Department of the Treasury finally released on Friday the long-awaited proposed tax credits for clean hydrogen production under the Inflation Reduction Act (IRA), in a move welcomed by environmentalists but criticized by others as too narrow and unclear on whether nuclear power generators could benefit. “The Inflation Reduction Act’s hydrogen tax credit will help build a clean hydrogen industry that will be critical in reducing emissions from harder-to-decarbonize sectors like heavy industry and heavy transportation,”…