America’s Clean Hydrogen Dreams Are Fading Again

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 By Rebecca F. Elliott, The New York Times. 

Excerpt: ...As far back as 1977, when oil prices were a big concern in the United States, a Cadillac Seville fueled by hydrogen drove in President Jimmy Carter’s inaugural parade. More recently, a signature law under President Joseph R. Biden Jr. offered generous tax credits to companies that made hydrogen in ways that release little or no carbon dioxide. That spurred a flood of investment announcements by many businesses. But the hype around the fuel is fading fast — and not for the first time. From Arizona to Oklahoma, companies are pulling the plug on clean hydrogen projects after Congress shortened the window for them to qualify for a Biden-era tax credit by five years. Projects now must be under construction by the end of 2027 to qualify, a hurdle that three-quarters of proposals most likely will not meet, according to Wood Mackenzie, an energy consulting firm.... 

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