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ACC and Other Organizations Comment: Preserve the Section 45V Credit for Production of Clean Hydrogen 

Retaining 45V commencement of construction through at least December 31, 2029, would allow for the minimum runway needed for the multi-year development cycles these projects require. With political clarity and investment certainty, the 45V credit can catalyze tens of billions in private capital, revitalize domestic manufacturing, and create stable, long-term employment in construction, operations, and technology innovation.

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American Chemistry Council

The American Chemistry Council’s mission is to advocate for the people, policy, and products of chemistry that make the United States the global leader in innovation and manufacturing. To achieve this, we: Champion science-based policy solutions across all levels of government; Drive continuous performance improvement to protect employees and communities through Responsible Care®; Foster the development of sustainability practices throughout ACC member companies; and Communicate authentically with communities about challenges and solutions for a safer, healthier and more sustainable way of life. Our vision is a world made better by chemistry, where people live happier, healthier, and more prosperous lives, safely and sustainably—for generations to come.