The U.S. Department of the Treasury and the Internal Revenue Service (IRS) have jointly finalized rules for the section 45V Clean Hydrogen Production Tax Credit, which was established under the Inflation Reduction Act. These rules have been introduced with modifications to better support clean hydrogen production in the country. The Treasury and IRS stated that the primary objective of these rules is to offer clarity and investment certainty to stakeholders in the clean hydrogen industry. By providing clear guidelines and incentives through the tax credit, the government aims to encourage more businesses to invest in and develop clean hydrogen technologies. This initiative is part of broader efforts to reduce carbon emissions and promote sustainable energy sources. The finalized rules highlight the government's commitment to supporting the growth of clean hydrogen production and utilization. The Clean Hydrogen Production Tax Credit is a key policy tool that aligns with the country's goals for achieving clean energy targets and combating climate change. The changes in the rules are expected to drive further innovation and investment in the clean energy sector, particularly in the field of hydrogen production.