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  • Comments to Treasury on 45V Clean Hydrogen Production Tax Credit

    Policy Integrity commented on the Department of Treasury's proposed regulation to implement the Section 45V tax credit for clean hydrogen production from the Inflation Reduction Act. This tax credit subsidizes the production of hydrogen based on its emissions intensity. Our comments leveraged our expertise on the electric grid to advise Treasury on how to accurately measure the emissions intensity of hydrogen from grid-connected electrolyzers.

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  • Policy Integrity Recommendations Reflected in Treasury’s Hydrogen Tax Credit Proposal

    On December 22nd, the Treasury Department issued a notice of proposed rulemaking to implement the Inflation Reduction Act’s (IRA) 45V tax credit for clean hydrogen production. The proposal would establish rules for how electrolyzers can demonstrate compliance with the IRA’s lifecycle greenhouse gas limits—and thus demonstrate their eligibility for the tax credit. The proposed rule includes robust requirements to avoid greenhouse gas emissions: new clean power, annual matching with a transition to hourly matching in 2028, and contracting within the same regional grid. The approach in this proposal aligns with many of the recommendations the Institute for Policy Integrity made in comments to the Treasury Department

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