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Brazil mulls tax incentives for green hydrogen projects

Brazil is mulling granting tax incentives for green hydrogen production, The Reuters reported on 24 August. The current priority is to build a regulatory framework for green hydrogen projects. Brazil has some $30 billion in low-carbon hydrogen projects including projects with fossil sources that capture CO2, according to government data. “We have studies that show that Brazil can produce the cheapest green hydrogen in the world,” Rollemberg said. “(But) Brazil is not in a current position to give the incentives that the European Union and the U.S. are giving”, said Brazilian special secretary for green economy Rodrigo Rollemberg.

Source https://goo.su/woZmS

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