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U.S. Clean Hydrogen Tax Credit (45V)

- A Strategic Opportunity for Alaska and the Nation

Defend Section 45V. Secure U.S. Energy Leadership.

Keep Alaska at the forefront of American Energy!

Alaska, with its abundant natural resources and history of domestic energy leadership, is poised to develop a lucrative and modern hydrogen economy.

Federal support for Alaskan hydrogen actors—particularly Section 45V of the Inflation Reduction Act—is critical to the success of Alaska’s nascent hydrogen sector.

Section 45V: Pro-Business, Pro-Jobs, Pro-Alaska

45V is a performance-based, technology-neutral tax credit for clean hydrogen production—rewarding the cleanest, most efficient projects. The credit will create and support:

  • 60,000 American jobs by 2035: 45V will create long-term jobs in construction, operations, and manufacturing
  • $12 billion in annual GDP: 45V drives private capital investment—not public handouts.
  • Energy security by anchoring clean fuel production in U.S. states like Alaska
  • U.S. competitiveness as the EU, Japan, and China accelerate their hydrogen industries

Weakening or delaying 45V risks sending clean hydrogen investment and jobs overseas to China.

What's at stake for Alaska?

MetricImpact
Project pipeline$20+ billion in expected private investment
Direct jobs60,000+ by 2035 (estimate)
Key employersConocoPhillips, ExxonMobil, Air Liquide, Chevron, OCI, BP
Industrial sectors impactedRefining, petrochemicals, shipping, manufacturing
Export potentialEnergy and chemical exports through the Port of Anchorage

What We Ask of Senator Murkowski:

Ask Chairman Mike Crapo and Majority Leader John Thune to support a phase out date for 45V of December 31, 2029.

Alaskan companies are building the future of American energy. 45V gives them the certainty to invest and grow.

We need you to call or email Senator Murkowski today. Tell her to protect 45V and keep America at the forefront of U.S. energy leadership.

Call Senator Murkowski
Email Senator Murkowski