7 nov 2022 - (CANADA) Canada looks to introduce tax credits to support clean hydrogen investments

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The Canadian Government has revealed it will launch a consultation on how best to implement tax credits to support investments in clean hydrogen production.

In its Autumn Economic Statement, the Canadian Department of Finance announced it planned to establish a tax credit for clean hydrogen based on the lifecycle carbon intensity of hydrogen, similar to the US Inflation Reduction Act, passed in August this year (2022).

https://www.h2-view.com/story/canada-looks-to-introduce-tax-credits-to-support-clean-hydrogen-investments/

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