✔️ You’re correct — with some big caveats.
The only form of hydrogen that has a role to play in our climate future is green hydrogen, which is produced in an energy-intensive process with renewable energy, and could have a role to play in parts of the economy that currently use dirty hydrogen made from fossil fuels, like fertilizer manufacturing, or that we may not otherwise be able to electrify, like steelmaking.
Congress has created generous subsidies for hydrogen projects. Recently, the Department of the Treasury proposed new rules that get it right by setting strong criteria around new, major tax credits to encourage truly clean hydrogen that is produced using only new sources of zero-carbon electricity. Some companies are lobbying hard to try to weaken Treasury’s good rules so they can reap the lucrative credits for their dirty hydrogen production.
Earthjustice is urging Treasury to hold the line to ensure that…
