APGA has engaged recently in the discussion on tax credits, specifically for the future use of hydrogen. APGA’s members are focused on providing energy to their customers through the infrastructure that the existing, competent workforce operates. That energy may be natural gas now, but in the future, along with natural gas, renewable natural gas and hydrogen could be delivered through public gas utility infrastructure. Given this, it is important for APGA to contribute now to the conversation on the use of hydrogen in our country’s energy future.
APGA’s efforts mainly include involvement in two groups: the Clean Hydrogen Future Coalition (CHFC) and the Business Council for Sustainable Energy (BCSE). APGA, as a part of these groups, supported comment submissions to the Treasury Department. Specifically, on August 2 input was provided responding to the Notice of Proposed Rulemaking (NOPR) for the section 45Y Clean Electricity Production Credit and Section 48E Clean Electricity Investment.
The key items highlighted in CHFC’s comments were the importance of lifecycle analysis for feedstocks and the use of book-and-claim systems for renewable natural gas. BCSE’s comments focused on concerns with how these policies are currently written, as well.
In addition to submitting comments, Lisa Jacobson, President of BCSE, testified before the Treasury Department on the NOPR, providing verbally the perspective of APGA members, as well as others that are a part of the BCSE Coalition. Lisa provided, “The updates and expansion of the Section 45 Production Tax Credit and the Section 48 Investment Tax Credit, combined with their ten-year span, provide impactful market signals to invest in a variety of clean energy projects in the United States. These projects will provide communities with access to affordable, reliable, and clean energy resources, while creating jobs and expanding economic development. In this way, the implementation rules are critical to delivering the results on the ground.”
For questions on this article, please contact Stuart Saulters of APGA staff by phone at 202-544-1334 or by email at ssaulters@apga.org.