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CNX plans $1.5B hydrogen fuels plant at Pittsburgh airport, but wants federal tax credit to build it

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Natural gas producer CNX Resources said it plans to build a $1.5 billion facility at Pittsburgh's airport to make hydrogen-based fuels, but only if President Joe Biden’s administration allows coal mine methane to qualify for tax credits that are central to the Democrat's plan to fight climate change.

Natural gas producer CNX Resources said it plans to build a $1.5 billion facility at Pittsburgh's airport to make hydrogen-based fuels, but only if President Joe Biden’s administration allows coal mine methane to qualify for tax credits that are central to the Democrat's plan to fight climate change.Video above: Headlines from WGAL News 8.

“I fear that if we take this path, we’ll look up a decade down the line and see we’ll have just poured hundreds of billions of taxpayer dollars into something that is not clean and does not move us in the right direction,' said Julie McNamara, a senior energy analyst at the Union of Concerned Scientists.Lobbying is heavy over the final rule, giving Biden a political hot potato in a premier battleground state with fewer than six months until November's election.

 

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