After President Joe Biden announced federal funding and tax credits for hydrogen projects in the 2022 Inflation Reduction Act, US hydrogen industry developers are facing uncertainty due to proposed rules that mimic European standards, potentially impacting project economics. At the Reuters EnergyLive conference in Houston, Texas, industry experts expressed concerns about the implementation of the 45V tax credit and the need for clarity to attract investors. Despite the challenges, there is optimism that the US can lead in hydrogen if regulations are appropriately applied. Companies like BP are looking to leverage the tax credits to make their projects globally competitive. The Midwest Alliance for Clean Hydrogen (MachH2) received $1bn in funding from the Department of Energy to produce hydrogen from natural gas with carbon capture in Indiana. Industry players are hopeful for additional guidance from the Biden administration to secure the future of hydrogen projects. Learning to communicate the benefits of hydrogen in promoting national security and job creation is seen as crucial for industry success under the new administration. Aligning with governmental goals and ensuring a solid business case will be essential for companies like Plug Power and Keystate Energy to thrive in the evolving hydrogen landscape.