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After Fierce Lobbying, Treasury Sets Rules for Billions in Hydrogen Subsidies

3 January 2025 at 21:58
With a lucrative tax credit, the Biden administration is hoping to establish a new industry that might help fight climate change.

© Nina Riggio for The New York Times

Moving an electrolyzer, a piece of equipment that generates hydrogen from water using electricity, from a train to a truck at a hydrogen production and storage facility in Delta, Utah, in 2023.
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