Treasury unveils eleventh-hour final guidance for hydrogen tax credit

Published January 3, 2025 8:45am ET



The Treasury Department has released its final, and expanded, guidance on an Inflation Reduction Act tax credit meant to boost investment in hydrogen, creating a pathway for the credits to be accessed through nuclear energy. 

The eleventh-hour rules come just over two weeks before President-elect Donald Trump again takes office. He is expected to try to roll back green tax credits and cancel unspent funding issued during the Biden administration. 

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