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IRS Clean Vehicle Tax Credit Rule Adds Hurdles for Domestic Electric Vehicle Manufacturing

The Internal Revenue Service (IRS) published a final rule on May 6, 2024, defining eligibility requirements for the clean vehicle credit under Section 30D of the Internal Revenue Code, enacted by the Inflation Reduction Act...more

DOE Announces Project Recipients for Seven Regional Clean Hydrogen Hubs

The U.S. Department of Energy (DOE) Office of Clean Energy Demonstrations (OCED) recently announced the project recipients selected for negotiation to develop seven regional clean hydrogen hubs across the United States....more

IRS Issues Guidance on Battery Sourcing Requirements for Clean Vehicle Tax Credits

The Internal Revenue Service (IRS) published guidance on April 17, 2023, in the form of a Notice of Proposed Rulemaking (NPRM), detailing the critical minerals and battery components requirements under Section 30D of the...more

The Inflation Reduction Act and the Rise of Clean Hydrogen

President Biden signed into law the Inflation Reduction Act (the Act) on August 16, 2022, which, among other things, uses the tax code to slow the effects of climate change by significantly investing in clean energy and...more

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