Financial Times: “Trump’s Tax Bill Poses Existential Threat to US Green Hydrogen Industry”
Fellow Aaron Bergman is quoted in the Financial Times’ Energy Source newsletter.
“‘There are a lot of [green hydrogen] projects that don’t make financial sense without the tax credits,’ said Aaron Bergman, a fellow at Resources for the Future. ‘There were already a lot of challenges in the hydrogen industry . . . but the repeal of the tax credits would certainly make things much worse.’
The industry has already struggled with weak demand due to the high cost of the fuel and policy uncertainty. Now it may be on the brink, threatening the United States’ leadership in the global green fuels market.”
