Climate Politics
America’s Promised Hydrogen-Fueled Future Is Stalled Over Tax Credits
Hydrogen projects worth billions of dollars are stuck in limbo as the government debates who will qualify.
Hydrogen is loaded into a truck at the Plug Power Inc. liquid green hydrogen plant in Woodbine, Georgia.
Photographer: Agnes Lopez/BloombergThis article is for subscribers only.
Two years after President Joe Biden’s landmark climate law promised to kick-start green hydrogen production with generous tax credits, companies still don’t know who will qualify.
Billions of dollars in investments sit on the sidelines as a result.