Australia Launches A$2/kg Tax Credit for "Renewable" H2 Projects

AKAP
Nov 25, 2024
2 min read

Updated: Dec 30, 2024

Australia is set to introduce the Future Made in Australia (Production Tax Credit and Other Measures) Bill 2024, which aims to boost renewable hydrogen production through a tax incentive of A$2/kg effective from 2027-28 to 2039-40.

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