Hydrogen Finally Gets A Price Tag: S&P 500 New Energy Plays Soar Along With This Amazon Vendor
A number of new energy stocks, including S&P 500 nuclear stocks Constellation Energy and Vistra, along with Amazon.com supplier Plug Power, moved higher following the Treasury Department and Internal Revenue Service revising its rules for hydrogen production tax credits. The U.S. Treasury on Friday published its final rules on clean hydrogen production, with guidelines producers must meet to qualify for the clean hydrogen production tax credit of up to $3 per kilogram.