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High-stakes Treasury Department guidance for claiming hydrogen production tax credits under US President Joe Biden’s climate law has drawn the ire of Senator Joe Manchin.
Manchin criticized the "horrible" rules, stating that they would make it excessively challenging for anyone to qualify. I Photo: Senator Joe Manchin III Facebook
Ari Natter reported for Bloomberg News, that Manchin criticized the "horrible" rules, stating that they would make it excessively challenging for anyone to qualify.
The rules, anticipated to be issued the following week, have been the focus of intense lobbying and deliberations within the Biden administration, particularly concerning the energy sources permitted for hydrogen production.
Senator Joe Manchin, associated with coal-producing companies and oil and gas exploration lobbyists, expressed dissatisfaction with the rules, highlighting the ongoing debate over the energy-intensive hydrogen production process.
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