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Plug Power and 32 Signatories Submit Letter to Biden Administration
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Overview
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Plug Power and 32 signatories submit a letter to Biden Administration addressing the implementation of the Section 45V Clean Hydrogen Production Tax Credit (PTC). They emphasize the importance of the PTC in driving energy security, job creation, and decarbonization, while cautioning against unworkable and inequitable PTC requirements.
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How might the implementation of the PTC impact the hydrogen industry?
What are the potential consequences if overly strict restrictions are placed on PTC eligibility?
What steps can be taken to ensure a pragmatic approach to the implementation of the PTC?
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