ARCH2 Hydrogen Hub Won’t Happen Without IRS 45V Tax Credit
With all of the good news about WV (and OH, and PA) winning the Biden Hydrogen Hub Hunger Games contest by scoring $925 million for the WV-led Appalachian Regional Clean Hydrogen Hub (ARCH2) (see today’s lead story), there is a potential black cloud on the horizon. Investments in ARCH2 might not actually come to pass unless the IRS resolves the 45V hydrogen tax credit. Yes, an obscure rule part of the so-called Inflation Reduction Act (IRA) has the potential to scuttle most of the planned investments in ARCH2 and other hydrogen hub projects.
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In May, MDN brought you the sad news that New York State has fallen and is now under a Communist dictatorship, with the freedom to choose energy sources now gone (see
In April 2022, MDN told you about Nopetro LNG’s plans to construct and operate as many as three liquefaction trains in Port St. Joe, Florida, that would liquefy up to 3.86 billion cubic feet (Bcf) per year of natural gas for export and delivery to markets in the Caribbean, Central America, and South America (see
The left always twists language in its attempt to push its ideology and agenda — even in Christianity. The Pennsylvania-based Evangelical Environmental Network (EEN), during its 15-year history, has supported every far-left environmental regulation proposed by the Democrat Party and has criticized every conservative, Republican energy plan that allows for fossil energy to flourish in the Keystone State. That’s been our observation. They call themselves “Evangelical,” which is supposed to mean sticking to the teachings of the Gospel of Christ. Somehow, they twist the word Evangelical into worshiping the mythology of man-made catastrophic global warming. They claim it is “creation care” to aggressively address global warming using anti-capitalist Marxist political ideology, like supporting the Regional Greenhouse Gas Initiative (RGGI), an onerous carbon tax aimed at killing off gas-fired power plants.
Last November, MDN told you about a lawsuit filed by a family in Washington County, PA, against Chevron (now EQT) for drilling and fracking done in 2011-2012 near the family’s home (see 
The left thought it had won the Mountain Valley Pipeline (MVP) battle with three colluding (corrupt) and sympathetic judges from the U.S. Court of Appeals for the Fourth Circuit (4th Circuit). But then Congress, under the leadership of House Speaker Kevin McCarthy, passed the “debt ceiling” bill that forces the completion of MVP (see
In the fall of 2021, President Biden signed into law the so-called Infrastructure Bill, some $1.2 trillion in pork barrel spending, passed with the help of turncoat Republicans (see
Freeport LNG’s export terminal with three liquefaction “trains” shut down in June 2022 after an explosion and fire (see
Waco Oil & Gas Co., Inc., headquartered in Glenville (Gilmer County), WV, signed a proposed consent decree (settlement agreement) with the West Virginia Dept. of Environmental Protection and the federal Environmental Protection Agency (EPA) to settle an “alleged” charge of violating the federal Clean Water Act and West Virginia state law for “unauthorized discharges of dredged or fill material into waters of the United States in Braxton County, West Virginia.” Waco will pay a $825,000 penalty — split evenly between the feds and WV. Waco will also pay big bucks to restore “the vast majority of the impacted waters” and to provide “compensatory mitigation for waters that cannot be restored.” No doubt the bill will far exceed $1 million in total.
New York State has become the North Korea of the United States. It is narrow and parochial and devoid of freedom. If you operate a business in New York and you are not in a protected or favored class, or if your business does not bribe someone in the Democrat Party, you are in danger of losing that business. New York is aggressively hostile to any business remotely connected to fossil fuels. A “bitcoin miner” operating in beautiful Upstate NY, near the shore of Seneca Lake, uses a small natural gas power plant to provide power for its 15,300 computer servers. The radical Democrats running the state, including Gov. Kathy Hochul, want it shut down and gone. They are close to achieving their objective. How did we fall this far?
Not content to kill off your natural gas stove, the Bidenistas at the U.S. Dept. of Energy are now coming for your gas furnace. On Friday, the Biden Dept. of Energy (DOE) published a new rule that cracks down on gas furnaces in homes, essentially phasing out many existing models and requiring new ones to meet onerous new standards. The DOE now requires a 95% annual fuel efficiency standard, up from the 80% that was on the books before the new rule was published Friday. New models will be mandatory by 2028–and you’ll pay an average $4,700 for your new gas furnace. But that’s not the only cost…
In an administration full of destructive regulatory actions and legislation targeting fossil energy for extinction, the so-called Inflation Reduction Act (IRA) stands out as one of the worst. The IRA was made possible by a traitorous vote by West Virginia Democrat U.S. Senator Joe Manchin (see