Amidst efforts by Republicans in Congress to cut spending, over 100 energy businesses and organizations have united to request the protection of the hydrogen tax credit. This tax credit, considered a catalyst for U.S. energy dominance and global competitiveness, pays up to $3 per kilogram of hydrogen produced, offering substantial incentives for companies like Plug Power. The industry sees the tax credit as crucial for driving clean hydrogen production and investments. Despite concerns about the total cost over 10 years, estimated at $49 billion, compared to other energy subsidies, the benefits of fostering a thriving hydrogen industry are highlighted. Notably, the hydrogen technology war with China is emphasized, urging the importance of the U.S. maintaining leadership in this sector. The letter, organized by the Fuel Cell and Hydrogen Energy Association and supported by major players like the American Petroleum Institute and the U.S. Chamber of Commerce, stresses the potential of hydrogen fuel cells and the role of oil and gas companies in leading the hydrogen economy. While there were delays in finalizing eligibility rules under the Biden administration, the industry is now ready to invest billions in hydrogen technologies, contingent on the continuity of the tax credit. Despite some concerns about the strictness of the rules, the industry is generally positive about the tax credit's role in driving growth and innovation.