The American Petroleum Institute (API) has called on the Biden Administration to recognise all types of hydrogen production, including blue hydrogen, as drivers of a low-carbon future in its 45V regulations.
In comments filed on the Section 45V tax credit on clean hydrogen production with the Department of Treasury and Internal Revenue Service (IRS), API criticised the draft regulation’s focus almost exclusively on hydrogen produced using electricity generated from entirely renewable energy sources, or green hydrogen.
Dustin Meyer, Senior Vice-President of Policy, Economics, and Regulatory Affairs at API, described the Biden administration’s plans as a “narrow path” that “discriminates against certain technologies and feedstocks.”
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