Tag: Treasury Department

News and Policies, U.S.

Treasury’s Proposed Clean Hydrogen PTC Rule Disappoints Power Industry

December 28, 2023

Via: Power Magazine

The Department of the Treasury has released proposed regulations and guidance defining a tax credit for the production of “clean hydrogen,” a significant supply-side incentive that is part of the Biden administration’s larger climate-driven policy framework. But though long-awaited, the […]

Energy Economics

Trump orders Mnuchin to ‘substantially increase’ sanctions on Iran

September 18, 2019

Via: CNBC energy

President Donald Trump said Wednesday he ordered the Treasury Department to “substantially increase” sanctions on Iran. Trump’s announcement follows strikes Saturday on the world’s largest crude-processing plant and oil field in Saudi Arabia. The U.S. accused Iran of carrying out […]