Canadian tax credits to boost low-carbon hydrogen
But regime still not competitive with US, says director of Canadian Energy Systems Analysis Research
In its autumn economic statement released in early November, the Canadian government announced preliminary plans for refundable tax credits for low-carbon hydrogen production in the country, as well as for clean technologies including zero-emissions vehicles for mining or construction and their refuelling infrastructure. To learn whether these tax incentives are comparable with what the US government is offering hydrogen producers south of the border through the recently passed Inflation Reduction Act (IRA), as well as the potential impact for hydrogen-powered vehicles in the off-road market, Hydrogen Economist interviewed David Layzell, director of the Canadian Energy Systems Analysis Resea
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