credits

Policy push for carbon removal credits lures finance, aviation By Reuters

Stocks

By Peter Henderson, Susanna Twidale and Simon Jessop SAN FRANCISCO/LONDON (Reuters) – Demand for credits reflecting the engineered removal of carbon dioxide from the atmosphere is expected by some to surge as market-friendly incentives lure buyers from sectors as diverse as technology and finance, chemicals and aviation. Many scientists believe…

Hydrogen industry pleads for easier path to US tax credits By Reuters

Commodities & Futures

By Valerie Volcovici WASHINGTON (Reuters) – Some companies planning to use new U.S. tax credits to deploy hydrogen projects urged the Treasury Department this week to ease proposed environmental requirements, warning that they could hinder the nascent industry’s takeoff. Treasury and the Internal Revenue Service hosted hearings this week on…