The Biden Administration's Inflation Reduction Act of 2022, while not directly impacting US coal markets in a significant way, contains a promising provision in Section 45V that focuses on clean hydrogen tax credits. This provision has the potential to bring about a transformative shift in the energy sector, particularly for some US coal mines. By incentivizing hydrogen production with sources like coal mine methane (CMM) that possess a negative carbon intensity, Section 45V aims to promote low-carbon initiatives and mitigate greenhouse gas emissions. The tax credits provided under 45V could open up new revenue streams for coal mines and contribute to the overall effort in promoting cleaner energy practices. Although the act extended tax credits for wind and solar energy, the emphasis on carbon capture and storage projects signals a gradual move towards sustainable energy sources. Through the utilization of CMM in hydrogen production, businesses can tap into significant financial incentives and position themselves as leaders in the low-carbon energy landscape. The recent interpretation of 45V by the US Treasury Department clarifies the mechanisms through which hydrogen producers can capitalize on sources like CMM to maximize tax benefits, paving the way for innovative investment opportunities and potentially reshaping the dynamics of the energy market.