Chris Gladbach

Feb 1, 2024 | texaslawbook.net | Heather Cooper |Parker Lee |Chris Gladbach

On Dec. 22, the Internal Revenue Service published long-awaited proposed regulations for hydrogen tax credits under Internal Revenue Code Sections 45V and 48. The proposed regulations address many gating questions, including providing rules for determining lifecycle greenhouse gas emissions rates resulting from hydrogen production processes and the introduction of qualified “energy attribute certificates” to ensure feedstock electricity source eligibility.