Hydrogen Tax Credit Rescue ‘On the Table,’ GOP Senator Says

The Senate is considering a plan to save a lucrative tax credit for the production of hydrogen that would be scrapped in the tax-and-spending mega bill passed by the House, key Republicans said.

“That’s on the table,” said Senator John Cornyn, a Texas Republican who serves on the Senate’s tax writing committee and has hydrogen projects that would benefit from the incentive in his home state.