A coalition of more than 240 industry organizations, led by the Fuel Cell & Hydrogen Energy Association (FCHEA), is advocating for the retention of the Section 45V Hydrogen Production Tax Credit in the US. This initiative comes following the approval of a bill in the House of Representatives, which includes a provision to move up the project construction commencement deadline to claim the tax credit to the end of 2025, instead of the original deadline of 2033. In a joint letter to the US Senate leadership, the organizations, which include the American Petroleum Institute and the U.S. Chamber of Commerce, stress the importance of extending the construction commencement date to at least December 31, 2029. They argue that this extension is crucial to provide the necessary development timelines for hydrogen projects, protecting billions of dollars in investments and tens of thousands of jobs within the industry. FCHEA, a key advocate for hydrogen energy, emphasizes that maintaining the tax credit will not only spur new energy production and manufacturing prospects but also lead to job creation and the enhancement of energy trade partnerships. The association warns that failing to uphold the tax credit could result in significant private sector investments exiting the US and relocating to countries like China. Frank Wolak, the President and CEO of FCHEA, underscores the potential of Section 45V to drive domestic energy independence, promote job growth, and foster clean energy utilization across various sectors, including materials handling. Wolak further cautions that the Senate's inaction on this matter could impact the competitiveness of the US in the global hydrogen market, urging prompt legislative action to safeguard investments and jobs in the hydrogen industry.