Biden Pushes Strict Climate-Subsidy Rules Despite Energy Producers’ Warnings

WASHINGTON—The Biden administration on Friday proposed hard contemporary options for a precious local climate subsidy, siding with environmental groups no matter warnings from about a of the nation’s biggest energy companies that strict limits might perchance well perchance stifle a severe industry.

The proposed requirements would opt who will get generous tax credit rating for producing hydrogen, some of the few viable replacements for fossil fuels in heavy industries equivalent to steelmaking and transport, where renewable electrical energy and batteries aren’t enough.