Trump’s Tax Bill Could Kill U.S. Hydrogen – Reuters Sounds the Alarm
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Trump’s Tax Bill Could Kill U.S. Hydrogen – Reuters Sounds the Alarm
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About this listen
In this special episode of The Hydrogen Podcast, we break down the June 17 Reuters article, “Trump Tax Bill Risks Exodus of Clean Hydrogen Investment.”
📉 What’s happening? The “One Big, Beautiful Bill Act” (H.R.1), passed by the House, slashes the 45V tax credit timeline—forcing clean hydrogen projects to break ground by January 1, 2026, not 2033. That’s a seven-year cliff that could derail billions in investment.
🧩 Inside This Episode:
- The economic stakes for U.S. hydrogen developers, from HIF Global to Plug Power
- How the loss of the 45V credit could shift hydrogen dominance to China and the EU
- The role of 45Q in propping up SMR with CCS—but at what cost to electrolysis?
- The politics behind the bill and how 250+ companies are fighting back
- What this means for jobs in Texas, Georgia, and other GOP-led hydrogen hubs
- Global contrast: Europe’s Hydrogen Bank and China’s massive hydrogen scale-up
- What happens next—and what U.S. hydrogen needs to stay competitive
💡 With hydrogen projects requiring 4–6 years just to start construction, this bill’s rushed timeline threatens to strand sunk costs and kill thousands of jobs. Can the Senate fix it in time?
🎧 Stay informed. Stay strategic. Listen now.
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