CAC’s Margie Alt Statement On 45V Clean Hydrogen Tax Credit Guidance
Washington, DC—The following is a statement from Climate Action Campaign Director Margie Alt in response to the Biden Administration’s guidance on the clean hydrogen tax credit:
“Today, the Biden Administration took an important step toward minimizing the climate risks of hydrogen production. We applaud the administration for following the three pillars framework in the 45V clean hydrogen tax credit guidance that will ensure that truly ‘green’, hydrogen production projects are powered by new clean energy, are within the same geographic boundary as the clean energy project, and are matched with the clean energy project on an hourly basis. These guidelines are critical to ensuring that hydrogen has a limited but beneficial role in the nation’s clean energy transition.
“While the proposal is a strong start, we have concerns about the Biden Administration opening the door to loopholes for polluters. In addition to maintaining strong rules for electrolytic hydrogen in the final rule, we urge the administration to include stringent criteria for fossil fuel based hydrogen, and strong guidelines for reducing the risk of hydrogen emissions. Doing so will ensure that the climate and community risks of hydrogen production are minimized.”
About the Climate Action Campaign
CAC is a vibrant coalition of dozens of major national environment, environmental justice, and public health groups, working together to drive ambitious, durable federal action based on science, to address the climate crisis. Our goal is to reduce climate pollution and accelerate the transition to clean energy in ways that support justice, jobs, health, and economic opportunity for all.