Inside Climate News: "Oil Companies Are Eying Federal Climate Funds to Expand Hydrogen Production. Will Their Projects Cut Emissions?"

A story about the feasibility of converting natural gas into hydrogen while capturing carbon dioxide cites RFF research.

View on Inside Climate News website

Date

Nov. 7, 2022

News Type

Media Highlight

Source

Inside Climate News

Some energy policy experts have said that a newly expanded tax credit for carbon capture operations may prove to be more lucrative for blue hydrogen projects, which could struggle to lower emissions enough to qualify for the hydrogen credit. Companies cannot claim both credits.

One analysis by Resources for the Future, an environmental think tank, found that the new tax incentives could make some blue hydrogen projects competitive with conventional hydrogen production without carbon capture technology.

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