The bill is expected to go to the Senate floor this week
US act would introduce credits for hydrogen production
Projects making clean hydrogen could get a tax credit of up to $3/kg if bill survives in current form
The US’ proposed Inflation Reduction Act of 2022 bill, announced last week, will extend tax credits for the hydrogen sector. Projects making clean hydrogen could get a tax credit of up to $3/kg if lifecycle CO₂ emissions are below 0.45kg per kg of hydrogen produced and if labour rules are met. Producers then receive less support on a sliding scale as the emissions intensity of their hydrogen production increases. Hydrogen manufacture that emits more than 4kg of CO₂ per kg of hydrogen produced will receive no support. The compromise ‘July surprise’ announced by Senate majority leader Chuck Schumer and West Virginia Senator Joe Manchin—both Democrats—sets aside $369bn to support climate initia
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25 February 2026
Low-carbon hydrogen and ammonia development is advancing much more slowly and unevenly than once expected, with high costs and policy uncertainty thinning investment. Meanwhile, surging energy demand is reinforcing the role of natural gas and LNG as the backbone of the global energy system, panellists at LNG2026 said
18 February 2026
Norwegian energy company has dropped a major hydrogen project and paused its CCS expansion plans as demand fails to materialise
4 February 2026
Europe’s largest electrolyser manufacturers are losing patience with policymakers as sluggish growth in the green hydrogen sector undermines their decision to expand production capacity
2 February 2026
As a fertiliser feedstock, it is indispensable, but ammonia’s potential as a carbon-free energy carrier is also making it central to global decarbonisation strategies
