Articles written by Fatima Hussein & Jennifer Mcdermott


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  • Hydrogen tax credit plan unveiled as Biden administration tries to jump start industry

    FATIMA HUSSEIN and JENNIFER MCDERMOTT|Dec 22, 2023

    WASHINGTON (AP) — The Biden administration released its highly anticipated proposal for doling out billions of dollars in tax credits to hydrogen producers Friday, in a massive effort to build out an industry that some hope can be a cleaner alternative to fossil fueled power. The U.S. credit is the most generous in the world for hydrogen production, Jesse Jenkins, a professor at Princeton University who has analyzed the U.S. climate law, said last week. The proposal — which is part of Democrats' Inflation Reduction Act passed last year — outli...