Comment by kotaKat
1 day ago
Funny thing, Air Liquide. They were going to build a massive green hydrogen plant in upstate NY and backed out when the tax credits disappeared...
https://www.airproducts.com/company/news-center/2025/02/0224...
1 day ago
Funny thing, Air Liquide. They were going to build a massive green hydrogen plant in upstate NY and backed out when the tax credits disappeared...
https://www.airproducts.com/company/news-center/2025/02/0224...
> and backed out when the tax credits disappeared...
As they should. If the terms of the deal change, you need to start over with the business case and financials.
If you want someone to be mad at, it’s the politicians making these bad tax credit decisions. Not the companies trying to respond to the tax credit incentives. Getting companies to build things they otherwise wouldn’t is the entire purpose of tax credits.
Hydrogen systems just don't make sense. Neither do molecular Hydrogen Fuel Cells.
Now, green hydrogen for ammonia, and Ammonia fuel cells? Yes.