DIMCO
2021-10-18

Detail about the tax credit

A new clean hydrogen production tax credit would offer $3 per kilogram to hydrogen with 95 percent fewer lifecycle GHG emissions than hydrogen made through the currently dominant method, steam reforming. That could include hydrogen made through electrolysis driven by renewable energy or through biomass gasification with CCS. Credits of $0.60 to $1.02 would be available to hydrogen with between 40 and 95 percent fewer GHGs, which could include “blue hydrogen” made by steam reforming with CCS.

All technical information sounds good and doesn't translate to pp over $28, you will see Plug will be back to $28 and slowly drifting to $25.$Plug Power(PLUG)$

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