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APGA and Others Submit Comments on Hydrogen Tax Credits (Aug 2024)
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08-15-2024 09:04 AM
Stuart Saulters
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 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.
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BCSE Comments on 45Y 48E NPRM 08 02 24_FINAL.pdf
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Final-CHFC-Comments-on-45Y-48E-Guidance.pdf
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