Alternative incrementality compliance pathways

Report an error

Summary

AI-generated

This summary is written by a language model reading the source document. It is not the publisher's words and is not a substitute for the original.

Learn more about AI enrichment

The Clean Air Task Force (CATF) opposes a broad 5% incrementality exemption for the section 45V hydrogen production tax credit, asserting it would increase emissions. Instead, CATF proposes targeted solutions: using real-time price floors and Department of Energy analyses to define curtailments, and applying financial distress tests to facilities seeking to avoid retirement.

Key insights

AI-generated

These insights are written by a language model reading the source document. They are not the publisher's words and are not a substitute for the original.

Learn more about AI enrichment
  • A blanket 5% exemption to incrementality is considered too broad and contrary to the intent of section 45V because it does not account for the specific timing and location of curtailments or the financial health of generators avoiding retirement.
  • Analysis indicates that a 5% exemption could lead to a cumulative increase of 1.5 billion metric tons of emissions through 2035, with some hydrogen produced via such exemptions in California showing a consequential emissions intensity of approximately 20 kg CO2e/kg H2.

Cite the original document

APA
Hunt, K. (2024). Alternative incrementality compliance pathways. Clean Air Task Force. https://www.catf.us/2024/04/alternative-incrementality-compliance-pathways-section-45v-hydrogen-production-tax-credit/
Chicago
Hunt, Kara. Alternative incrementality compliance pathways. Clean Air Task Force, 2024. https://www.catf.us/2024/04/alternative-incrementality-compliance-pathways-section-45v-hydrogen-production-tax-credit/.
Wikipedia
{{cite press release |last1=Hunt |first1=Kara |title=Alternative incrementality compliance pathways |publisher=Clean Air Task Force |date=5 April 2024 |url=https://www.catf.us/2024/04/alternative-incrementality-compliance-pathways-section-45v-hydrogen-production-tax-credit/ |access-date=23 October 2026 |via=Climate Insights Directory}}
BibTeX
@misc{hunt2024alternative, author = {Hunt, Kara}, title = {{Alternative incrementality compliance pathways}}, publisher = {Clean Air Task Force}, year = {2024}, month = apr, url = {https://www.catf.us/2024/04/alternative-incrementality-compliance-pathways-section-45v-hydrogen-production-tax-credit/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }

Full text

Collected · Record updated