force Treasury to spend more than $100 billion in subsidies for hydrogen projects that result in increased net emissions, in direct conflict with statutory requirements and tarnishing the reputation of the nascent 'clean' hydrogen industry," according to an open letter sent from 18 organizations to federal agencies. On the other side, environmental policy groups argue the rules could end up being so lax that the new "clean" hydrogen industry could actually end up increasing, rather than decreasing, carbon emissions. the price to produce green hydrogen will be uneconomic and the industry won't scale, effectively making it dead on arrival," said a spokesperson for NextEra Energy, which produces clean energy from wind, solar and nuclear sources and owns a major utility in Florida. "Our view is that if you put too onerous of regulations in place. On one side of the debate, some energy providers say that making the rules too strict could kill the clean hydrogen industry before it ever gets off the ground. And, as with most things in accounting, the devil lies in the details. The impact of the tax credit on emissions reductions depends on how federal agencies implement it. Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit
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