{"id":796,"date":"2023-12-07T13:42:49","date_gmt":"2023-12-07T13:42:49","guid":{"rendered":"https:\/\/njacre.com\/?p=796"},"modified":"2023-12-07T13:42:49","modified_gmt":"2023-12-07T13:42:49","slug":"us-to-release-hydrogen-subsidy-guidance-after-cop28","status":"publish","type":"post","link":"https:\/\/njacre.com\/us-to-release-hydrogen-subsidy-guidance-after-cop28\/","title":{"rendered":"US to release hydrogen subsidy guidance after COP28"},"content":{"rendered":"<p><span style=\"color: #000000;\"><span style=\"font-weight: 400;\">DUBAI, Dec 6 (Reuters) &#8211; The U.S. will release guidance for how hydrogen producers can secure billions of dollars of subsidies embedded in last year\u2019s<\/span><a style=\"color: #000000;\" href=\"https:\/\/www.reuters.com\/business\/energy\/one-year-biden-still-needs-explain-his-signature-clean-energy-legislation-2023-08-16\/\"><span style=\"font-weight: 400;\"> Inflation Reduction Act<\/span><\/a><span style=\"font-weight: 400;\"> sometime this year after the COP28 climate conference in Dubai, U.S. energy advisor John Podesta told Reuters on Wednesday.<\/span><\/span><\/p>\n<p><span style=\"color: #000000;\"><span style=\"font-weight: 400;\">Industry has been <\/span><a style=\"color: #000000;\" href=\"https:\/\/www.reuters.com\/business\/energy\/us-hydrogen-tax-credit-rule-could-slip-into-2024-amid-debate-over-its-design-2023-11-16\/\"><span style=\"font-weight: 400;\">waiting anxiously<\/span><\/a><span style=\"font-weight: 400;\"> for the guidance from the U.S. Treasury Department for months, as the administration debates whether to restrict the incentives to producers using new,\u00a0<\/span><\/span><\/p>\n<p><span style=\"color: #000000;\"><span style=\"font-weight: 400;\">instead of existing, <\/span><a style=\"color: #000000;\" href=\"https:\/\/www.reuters.com\/business\/environment\/us-release-hydrogen-subsidy-guidance-after-cop28-2023-12-06\/nMT1REEIIDFIUQIFAAV34MJLNL4L4AHPBCT\"><span style=\"font-weight: 400;\">clean energy sources<\/span><\/a><span style=\"font-weight: 400;\"> to prevent an uptick in emissions.<\/span><\/span><\/p>\n<p><span style=\"color: #000000;\"><span style=\"font-weight: 400;\">Asked when the guidance would be released, Podesta said he expected it before the end of the year, but not during the Nov. 30 to Dec. 12 COP28 summit.<\/span><span style=\"font-weight: 400;\">Hydrogen is a clean burning fuel that the Biden administration views as <\/span><a style=\"color: #000000;\" href=\"https:\/\/www.reuters.com\/business\/environment\/us-release-hydrogen-subsidy-guidance-after-cop28-2023-12-06\/nMT1REEIICPMDNCYEV5YE1EL5H4F53F72OT\"><span style=\"font-weight: 400;\">crucial to cleaning up<\/span><\/a><span style=\"font-weight: 400;\"> hard-to-decarbonize industries like aluminum and cement. It is made by electrolyzing water and can be considered green if its production is powered by zero-emissions sources like solar, wind, nuclear or hydro.<\/span><\/span><\/p>\n<p><span style=\"color: #000000;\"><a href=\"https:\/\/www.reuters.com\/business\/environment\/us-release-hydrogen-subsidy-guidance-after-cop28-2023-12-06\/\">Click here<\/a> to read more.\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>DUBAI, Dec 6 (Reuters) &#8211; The U.S. will release guidance for how hydrogen producers can secure billions of dollars of subsidies embedded in last year\u2019s Inflation Reduction Act sometime this year after the COP28 climate conference in Dubai, U.S. energy advisor John Podesta told Reuters on Wednesday. Industry has been waiting anxiously for the guidance [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":740,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/njacre.com\/wp-json\/wp\/v2\/posts\/796"}],"collection":[{"href":"https:\/\/njacre.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/njacre.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/njacre.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/njacre.com\/wp-json\/wp\/v2\/comments?post=796"}],"version-history":[{"count":1,"href":"https:\/\/njacre.com\/wp-json\/wp\/v2\/posts\/796\/revisions"}],"predecessor-version":[{"id":800,"href":"https:\/\/njacre.com\/wp-json\/wp\/v2\/posts\/796\/revisions\/800"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/njacre.com\/wp-json\/wp\/v2\/media\/740"}],"wp:attachment":[{"href":"https:\/\/njacre.com\/wp-json\/wp\/v2\/media?parent=796"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/njacre.com\/wp-json\/wp\/v2\/categories?post=796"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/njacre.com\/wp-json\/wp\/v2\/tags?post=796"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}