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Recommendations on the development of US Inflation Reducation Act guidelines (45V)

Summary

The position paper outlines Nel's recommendations on the proposed Inflation Reduction Act guidelines (45V) pertaining to the development of clean hydrogen and associated production tax credits. These recommendations are designed to kick-start the development and scaling of the domestic clean hydrogen market, reduce emissions in hard-to-abate industries and ensure the US remains competitive in the global clean energy market.

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