Chile’s Ministry of Finance has submitted a $2.8bn green hydrogen tax credit bill to the country’s lower house.

The “Bill to Promote the Green Hydrogen Industry” proposes to allocate tax credits through six competitive auctions between 2025 and 2030 to domestic offtakers purchasing green hydrogen.

Separately, it offers special tax incentives to producers located in the Magallanes and Chilean Antarctica region.

This is a paid article, to read the article in full you can
sign in if you are subscribed or
subscribe today.