Sheila McCafferty Harvey

The rules impose standardized disclosure requirements on public companies beginning as early as 2026 (for fiscal year ending 2025, depending on filer status).

The application cycle for the first round of credits will soon open. Treasury’s additional guidance clarifies what types of facilities may qualify for credits, the submission process and the selection criteria for evaluating whether a project merits a DOE recommendation.

The credit was included in the 2023 Budget Proposal, and if passed by Parliament will provide an ITC of up to 40% for eligible clean hydrogen projects.

Concept papers are due on April 21, 2023, and full applications are due on August 4, 2023.

Ratification of the Kigali Amendment formally commits the U.S. to a global effort to significantly reduce production and use of HFCs and reinforces the aggressive domestic HFC phasedown begun last year by the AIM Act.

Once signed into law, the Inflation Reduction Act of 2022 will make historic investments in clean energy and significant reforms to tax policies.

The Inflation Reduction Act of 2022 would constitute a historic investment in the U.S. clean energy industry.

The Supreme Court rejected EPA’s Obama-era Clean Power Plan in a decision that has significant implications both for future attempts by EPA to regulate CO₂ emissions and for other agencies attempting to promulgate rules that implicate “major questions.”

The Federal Energy Regulatory Commission has reopened the comment period for its natural gas infrastructure policy statements, giving the hydrogen industry a chance to champion policies that could promote hydrogen infrastructure.

The U.S. Securities and Exchange Commission issued proposed rule amendments requiring climate disclosures by public companies.

Pillsbury Launches Innovative Map Tracking Hydrogen Projects Globally

Source: Climate Change Business Journal