Ceding America’s Fuel Cell Manufacturing Leadership through Congressional Inaction – Congress, Get the ITC Phase Out Resolved

Today, Morry B. Markowitz – President of the Fuel Cell and Hydrogen Energy Association (FCHEA) issued the following statement.

After a year-long period of uncertainty and Congressional inaction, the fuel cell Investment Tax Credit (ITC) is set to expire at the end of the year. Last December, Congress omitted all technologies except for solar out of the list of energy technologies receiving an ITC extension, creating an uneven playing field and associated market distortion.  At this point, It is irrelevant if this action was inadvertent or not.  It has to get fixed before Congress adjourns for vacation.

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