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Bullboard - Stock Discussion Forum Tidewater Renewables Ltd T.LCFS

Alternate Symbol(s):  TDWRF

Tidewater Renewables Ltd is a multi-faceted, energy transition company. The Company is focused on the production of low carbon fuels, including renewable diesel, renewable hydrogen, and renewable natural gas, as well as carbon capture. Its operating assets and projects are located in Alberta and British Columbia. The Company’s projects include the Renewable Diesel & Renewable Hydrogen Complex... see more

TSX:LCFS - Post Discussion

Tidewater Renewables Ltd > Tax credit for hydrogen . ?
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Post by wynner on Nov 03, 2022 10:56pm

Tax credit for hydrogen . ?

"The clean technology credit, meanwhile, will provide a refundable tax credit equal to 30% of the capital costs of investments in net-zero technologies, battery storage solutions, and clean hydrogen."

10 tonnes of blue hydrogen per day ? Bonus.


https://ca.finance.yahoo.com/news/trudeau-vows-2-tax-buybacks-202050243.html
Comment by wynner on Nov 03, 2022 11:28pm
Small correction from the presentation. H2: 10 MMcf/d (or 23.7 MT/d)  The government also promised an investment tax credit for hydrogen in next year's budget, saying the cleanest producers would qualify to get back at least 40% of their investment, Reuters.