U.S. Chamber of Commerce
IRSRulemakingIRS-2023-0066

Section 45V Credit for Production of Clean Hydrogen; Section 48(a)(15) Election To Treat Clean Hydrogen Production Facilities as Energy Property (REG-117631-23)

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Jan 28, 2025
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closed 883d ago
U.S. Chamber of Commerce filings
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U.S. Chamber of Commerce filed 2 comments on this docket between Feb 27, 2024 and Mar 5, 2024. 157 other organizations filed here. The comment window closed 883d ago.

What U.S. Chamber of Commerce filed (2)

Mar 5, 2024· Comment from U.S. Chamber of Commerce· IRS-2023-0066-29858

Request to Testify in Person at Hearing for REG–117631–23 I am writing to request that Mr. Dan Byers, Vice President of Climate and Technology, Global Energy Institute, U.S. Chamber of Commerce testify in-person regarding REG–117631–23. Please see below and also attached for an outline of topics to be discussed with the allotted time for each issue. Please do not hesitate to reach out with any questions regarding this request. ------- U.S. Chamber of Commerce outline for REG–117631–23. I.Align the final regulations to further support the Biden-Harris Administration's goals of accelerating economy-wide decarbonization by maximizing production and affordability of clean hydrogen and to be more supportive of current and future offtake arrangements and technologies. (4 mins) a.Hydrogen Earthshot Program b.Impact of the Proposed Regulations on the Regional Clean Hydrogen Hubs II.Align the final regulations with the statutory language and congressional intent of the 45V Credit to support the production of clean hydrogen through all current and future feedstocks and technologies and revise the associated requirements on the use of energy attribute certificates ("EACs") (i.e., (1) incrementality, (2) temporal matching, and (3) deliverability). (4 mins) a.Congressional Support for Flexible 45V Credit Guidance b.Impact of the 3 pillars c.Design and administer the 45VH2-GREET model in a manner that maximizes the incentive to reduce GHG gas emissions III.Adopt provisions that recognize the full lifecycle benefits of renewable natural gas ("RNG") and natural gas. (2 mins) a.Adopt "book-and-claim" accounting processes for RNG and natural gas

Feb 27, 2024· Comment from U.S. Chamber of Commerce· IRS-2023-0066-29734

Comments by the U.S. Chamber of Commerce on Section 45V Credit for Production of Clean Hydrogen, Section 48(a)(15) Election to Treat Clean Hydrogen Production Facilities as Energy Property

Abstract

This document contains proposed regulations relating to the credit for production of clean hydrogen (clean hydrogen production credit) and the energy credit, as established and amended by the Inflation Reduction Act of 2022, respectively.

View on regulations.gov →