Reported 2 days ago
The US Treasury's final rules on clean hydrogen production tax credits have led to a significant rise in nuclear energy stocks, as these regulations clarify the eligibility criteria for producers. The tax credit, which ranges from $0.60 to $3 per kilogram based on carbon emissions, aims to foster investment in green hydrogen by allowing nuclear and natural gas producers to benefit significantly, potentially unlocking billions in funding for clean hydrogen projects. Stocks like Plug Power and Constellation Energy saw notable gains, reflecting increased investor confidence following the finalization of these guidelines.
Source: YAHOO