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Producers of hydrogen energy would have to comply with strict climate rules in order to qualify for a lucrative tax credit under new proposed guidelines from the Treasury Department. The Biden administration and climate advocates say that these guidelines would ensure that the nascent power source develops in a sustainable way rather than becoming a…
Speaker Kevin McCarthy (R-Calif.) on Monday signaled there had been little progress in debt ceiling negotiations over the weekend, accusing Democrats and the White House of wanting a default more than they want a deal with Republicans. “I still think we’re far apart. It doesn’t seem to me yet they want a deal, it just…