More than 100 groups are trying to undercut a group of Senate Democrats lobbying the Treasury Department for more flexibility when implementing the Inflation Reduction Act’s hydrogen tax credits.
The administration has been working for months to finalize guidelines for the so-called 45V incentive, and lawmakers and advocates of different political stripes have been playing tug-of-war over the specifics.
On Monday, 135 environmental and community groups sent a letter to a variety of administration officials and lawmakers arguing that exemptions championed by 13 Senate Democrats would jeopardize the credit’s carbon-reduction benefits.
“We have serious concerns with recent calls to modify the proposed rules in ways that would ultimately prioritize the profits of a few companies at significant cost to the climate, clean air, environmental justice, electricity consumers, and the ability of the nascent clean hydrogen industry to actually meet the needs of the clean energy transition,” the groups said.
