A push from two high-ranking Republican senators, paired with a last-second report from a congressional scorekeeper, appears to have saved the hydrogen industry from disaster in the GOP megabill.
Hydrogen energy developers were facing a nightmare scenario in late June, when the Senate followed the House in releasing budget reconciliation text that would phase out the Inflation Reduction Act’s “clean hydrogen” tax credit by year’s end.
It effectively meant almost no projects could capitalize on the incentive meant to help commercialize the development of hydrogen fuel made with limited carbon emissions.
But text released over the weekend showed lawmakers had reversed course. The Senate approved the bill Tuesday and the House may clear it as soon as Wednesday.
