In response to the reporting regarding the Biden administration’s forthcoming guidance for the Inflation Reduction Act’s (IRA) hydrogen tax credits, indicating the guidance was likely to include strong safeguards to keep hydrogen clean, Evergreen Action Vice President Craig Segall released the following statement:

“This is huge, and it’s time for the administration to stay the course. If this news is right, the president is preparing to supercharge clean energy jobs by making sure billions in public funds flow to stand up a clean hydrogen industry that will also invest in clean power and a modern grid. That’s a giant force multiplier for change and can help clean up polluted communities across the country by ensuring that hydrogen funds ultimately support renewable energy and a new clean industrial base. We need to see strong final guidance, along the lines of the leaked documents, out ASAP. 

“Although clean industries will side with the administration if this guidance stays strong, lobbyists for fossil fuels have wasted no time pushing their special interests with hopes that the administration might create a hydrogen ‘doom loop’ bottom-lined by oil, gas, and coal. But this leak suggests that the administration is not going to undermine the climate progress the people voted for. We need the ‘three pillars’ that make sure hydrogen production drives clean energy and vice versa, and that’s what they seem to be doing. This has been a tenacious effort by the administration to deliver a truly clean energy transition that addresses the climate crisis and protects communities around the country. We look forward to seeing the administration’s official guidance announcements.”

Earlier this year, Evergreen Action released, How IRS Could Make or Break Clean Energy, detailing how the IRS guidance on hydrogen tax credits could undermine EPA’s carbon pollution rules or save them. You can read the full piece here.

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