A new report by Troutman Pepper law firm emphasizes the importance of transparency on tax credits and rigorous certification rules for clean hydrogen projects in the U.S. The report highlights the need for boosting exports, enhancing domestic manufacturing, and prioritizing infrastructure to reduce project risk. It discusses the complexities surrounding tax credits under the Inflation Reduction Act and Bipartisan Infrastructure Law, with concerns raised about the proposed IRS regulations on clean hydrogen eligibility. Developers and utilities are cautious due to perceived strictness, potentially leading to increased costs and funding challenges. Off-takers, seeking improved certification standards, aim to ensure the transparency of clean hydrogen products. The Biden Administration's support for clean hydrogen hubs is seen as a step towards stimulating demand. The report suggests that state-led commitments could further encourage the uptake of clean hydrogen in the domestic market. It also explores the potential for the U.S. to become a clean hydrogen exporter to regions like Europe and Asia. Recommendations include building U.S. manufacturing facilities for hydrogen technologies and investing in infrastructure to support efficient product storage and movement. The report acknowledges the government's efforts to drive production and demand for clean hydrogen, while highlighting the need for clarity on how incentives and support will impact the sector.