Pennsylvania Governor Unveils Tax Credit Plan to Fast-Track Energy Projects, Boost Production

Contributing sentiments towards policy:

58% : Shapiro unveiled the plan at a news conference held at Pittsburgh International Airport, which is the site of a $1.5 billion proposed partnership between KeyState Energy and CNX Resources to produce hydrogen-based fuels.
52% : It includes a credit of up to $100 million for three years for power plants focused on adding reliable energy sources to the grid and up to $49 million annually for regional hydrogen projects, with lower thresholds to qualify.Up to $15 million per year will be made available to sustainable aviation fuel producers who make a $250 million capital investment and create 400 jobs, according to Shapiro's plan.
43% : Pennsylvania Gov. Josh Shapiro said on Thursday that he wants to fast-track the construction of large power plants and provide hundreds of millions of dollars in tax breaks for projects that provide electricity to the grid and use hydrogen.
43% : Shapiro said his energy plan will power Pennsylvania forward by "incentivizing the building of next generation energy projects in the Commonwealth."The governor's proposal includes funding, via an updated Pennsylvania Economic Development for a Growing Economy (EDGE) manufacturing tax credit, for new projects that produce electricity, use hydrogen, and make hydrogen-based aviation fuel.

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