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Energy Innovation Oral Testimony to the United States Treasury Department and Internal Revenue Service 45V Clean Hydrogen Production Tax Credit (REG-117631-23)
This oral testimony from Energy Innovation to the U.S. Treasury Department and Internal Revenue Service argues for the retention of strict "three pillars" (incrementality, deliverability, and hourly time-matching) for the 45V Clean Hydrogen Production Tax Credit. The author contends that weakening these rules would lead to significant greenhouse gas emissions, undermine the long-term viability of the hydrogen industry, and result in the misuse of taxpayer funds.
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Document type: Statement
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