Canadian prime minister Justin Trudeau and finance minister Chrystia Freeland have announced the 2023 federal budget
Canada unveils hydrogen investment tax credit
Projects seeking full rate must have carbon intensity below 4kg of CO₂/kg of hydrogen produced and meet labour requirements
Canada has included an investment tax credit for hydrogen production based on lifecycle carbon intensity in its 2023 federal budget. The maximum support covers 40pc of eligible project costs if carbon intensity is below 0.75kg of CO₂/kg of hydrogen produced, while the minimum covers 15pc of costs for projects with carbon intensity 2–4kg of CO₂/kg of hydrogen produced. Canada plans to calculate carbon intensity on a ‘cradle-to-gate’ basis, accounting for upstream emissions through to the point hydrogen exits the facility. As hydrogen is a zero-carbon gas, downstream emissions after production will not be considered, the government says. Projects converting low-carbon hydrogen to ammonia would
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