Proposed US clean hydrogen tax credit rules would 'more than double our first American H2 project's costs': Fortescue

The Australian developer argues for grandfathering clauses as a minimum during hearing on Treasury guidelines

A computer-generated rendering of the 80MW Phoenix Hydrogen Hub, set to begin construction this year.
A computer-generated rendering of the 80MW Phoenix Hydrogen Hub, set to begin construction this year.Photo: Fortescue
Published 26 March 2024, 11:16Updated 26 March 2024, 14:15