CNX Resources Corporation responded to the final rules issued regarding the Inflation Reduction Act's Section 45V Hydrogen Production Tax Credit. The company appreciated the Department of Treasury's acknowledgment of captured waste coal mine methane (CMM) as a feedstock for hydrogen production, emphasizing the environmental and economic advantages of this decision. However, CNX expressed reservations about the restrictive nature of the implemented rules, suggesting a lack of adequate economic incentives for the company to expand its CMM capture operations for hydrogen utilization. The statement emphasized the intention to leverage this validation of waste mine methane as a feedstock by exploring alternate incentive pathways, such as voluntary markets, additional tax incentives, and commercial opportunities within compliance programs. CNX highlighted its unique position as a low carbon-intensive natural gas development, production, midstream, and technology company in Appalachia, focusing on deploying free cash flow to generate long-term shareholder value. Despite the concerns regarding the 45V rule's limitations, CNX remains committed to responsible resource development and innovation. The company's approach includes utilizing its substantial asset base, operational expertise, and strategic capital allocation to drive sustainable growth and value creation. CNX's long-term vision revolves around maximizing the potential of natural gas resources while adhering to environmental considerations and technological advancements, ultimately aiming for continuous value enhancement for stakeholders and communities.