President Donald J. Trump signed H.R. 1, the One Big Beautiful Bill Act (OBBBA), into law on 4 July 2025 in an afternoon signing ceremony at the White House (Pub. L. No. 119-21). Senate Majority Leader John Thune (R-SD)...more
7/24/2025
/ Clean Energy ,
Energy Policy ,
Energy Sector ,
Energy Tax Incentives ,
Foreign Entities ,
Investment Tax Credits ,
New Legislation ,
One Big Beautiful Bill Act ,
Renewable Energy ,
Solar Energy ,
Tax Credits ,
Wind Power
On 3 January 2025, the Department of the Treasury (Treasury) and the Internal Revenue Service (IRS) released final regulations (Final Rules) implementing the Section 45V Clean Hydrogen Production Tax Credit (Section 45V tax...more
1/24/2025
/ Clean Energy ,
Climate Change ,
Department of Energy (DOE) ,
Final Rules ,
Greenhouse Gas Emissions ,
Hydrogen Power ,
Inflation Reduction Act (IRA) ,
Internal Revenue Code (IRC) ,
IRS ,
Production Tax Credit ,
Renewable Energy ,
Tax Credits
Final Rules Address Eligibility and Process; Proposed Rules Provide Workaround Allowing Tax Exempts to Partner With Others on Projects - The Department of Treasury (Treasury) and the Internal Revenue Service (IRS) recently...more
On 22 December 2023, the US Treasury Department (Treasury) released the highly anticipated Proposed Regulations relating to the Clean Hydrogen Production Credit (hydrogen credit) under the US Internal Revenue Code of 1986, as...more
As governments around the world continue to find ways to support the development and emergence of a hydrogen economy, to date the United States has trailed many other countries that have created national strategies and...more
K&L Gates’ government affairs counselor Mary Burke Baker talks with Hydrogen Rising co-host David Wochner about the current state of play on Capitol Hill regarding infrastructure and clean energy legislation, the politics of...more
6/16/2021
/ Clean Energy ,
Energy Projects ,
Energy Sector ,
Energy Tax Incentives ,
Hydrogen Power ,
Investment Tax Credits ,
Legislative Agendas ,
Power Infrastructure ,
Production Tax Credit ,
Proposed Legislation ,
Renewable Energy ,
Tax Legislation
There is little doubt that the outcome of the 3 November federal election will be consequential for much of America, and that the consequences are likely to be very different depending on who sits in the Oval Office and the...more
SFC ranking member Wyden and 25 other Democrats (including minority leader Schumer) introduced tech-neutral energy legislation this week. The bill includes energy storage provisions. ...more