America First Report
SUBSCRIBE
  • Home
  • About Us
No Result
View All Result
Red Wave Press
  • Home
  • About Us
No Result
View All Result
Red Wave Press
No Result
View All Result
Home Type Curated

Fate of Hydrogen Tax Credits Uncertain With New Trump Administration

by Just The News
February 14, 2025
in Curated, News
Fate of hydrogen tax credits uncertain with new Trump administration

  • Former White House Advisor: “Trump to Release $150 Trillion Endowment”


(Just The News)—Louisiana has long been an energy powerhouse, and its existing hydrogen infrastructure puts it in a prime position to lead in the emerging clean hydrogen economy.

With major players like Air Liquide, Air Products, and Praxair operating hydrogen pipelines, and a well-established network of refineries and chemical plants that already produce and use hydrogen, the state has the potential to become a national hub for hydrogen and fuel cell development.

AJStore Ultra Methylene Blue

But that future is a bit uncertain with the new Trump administration. Shifting federal policies, regulatory uncertainty, and looming tax debates have left Louisiana’s hydrogen prospects in limbo.

The Trump administration has issued a wave of executive orders on energy policy, including a directive to review all federal funding mechanisms for energy projects.

“The new administration has indicated that they’re not the biggest fans of green energy tax credits under the [Inflation Reduction Act], both of which 40 5q and 40 5v have been either implemented or expanded under the [IRA],” Shawn Daray, a New Orleans tax attorney, told the Clean Hydrogen Task Force on Monday.

While the “Unleashing American Energy” order does not directly target 45Q and 45V tax credits, it could impact the broader financial support available for hydrogen development in Louisiana by targeting the Inflation Reduction Act.


  • Former White House Advisor: “Trump to Release $150 Trillion Endowment”


Just before transitioning to the Trump administration, the U.S. Treasury Department finalized rules for the 45V Clean Hydrogen Production Tax Credit.

The final regulations for the 45V Clean Hydrogen Production Tax Credit, effective Jan. 10, introduced significant changes aimed at providing investment certainty while ensuring compliance with lifecycle greenhouse gas emissions standards.

These rules clarify eligibility criteria for hydrogen producers using various energy sources, including renewable electricity, natural gas with carbon capture, and renewable natural gas. The regulations also introduce stricter emissions accounting, requiring hydrogen producers to meet hourly matching standards for electricity use by 2030.

Despite these efforts to promote clean hydrogen, potential challenges loom over the tax credit’s future. The Congressional Review Act could be used to challenge the rule, while the Supreme Court’s recent decision overturning Chevron deference may influence future legal disputes over regulatory authority.

Additionally, new executive orders and any forthcoming tax legislation from the Trump administration or a potential new administration could reshape the policy landscape, affecting hydrogen investment decisions.

The final rules aim to support the growth of the clean hydrogen industry, particularly in projects tied to the Department of Energy’s Regional Clean Hydrogen Hubs.

China controls 90% of all pharmaceutical ingredients used in the US. Don’t wait for the supply chain to break or for pharmacies to run out. Stock up on long-term storage antibiotics and prescription meds with Jase.

What Would You Do If Pharmacies Couldn’t Provide You With Crucial Medications or Antibiotics?

The medication supply chain from China and India is more fragile than ever since Covid. The US is not equipped to handle our pharmaceutical needs. We’ve already seen shortages with antibiotics and other medications in recent months and pharmaceutical challenges are becoming more frequent today.

Our partners at Jase Medical offer a simple solution for Americans to be prepared in case things go south. Their “Jase Case” gives Americans emergency antibiotics they can store away while their “Jase Daily” offers a wide array of prescription drugs to treat the ailments most common to Americans.

They do this through a process that embraces medical freedom. Their secure online form allows board-certified physicians to prescribe the needed drugs. They are then delivered directly to the customer from their pharmacy network. The physicians are available to answer treatment related questions.

Reach out to Jase Medical today and use promo code “Rucker10” for $10 off your order.

Tags: Just The NewsLedeThe Center SquareTop Story
Next Post
Tom Homan Just Found a New Use For Rikers Island

Tom Homan Just Found a New Use For Rikers Island

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • About Us
  • Contact
  • Home
  • Newsletter
  • Privacy Policy
Site Operated By JD Rucker.

© 2024 Economic Collapse Report.

No Result
View All Result
  • Home
  • Original
  • Curated
  • Aggregated
  • News
  • Opinions
  • Videos
  • Podcasts
  • About Us
  • Contact
  • Privacy Policy

© 2024 Economic Collapse Report.

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?