Ballard Power Systems Inc

BLDP: XTSE (CAN)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	CAD 1.00	Jjncj	Bvqnpcvnr

Media Reports Hint at Final Green Hydrogen Tax Credit Rules

Brett Castelli

Dec 6, 2023

Media reports have picked up on leaked guidance for the hotly contested U.S. green hydrogen tax credit. While the rules have yet to be finalized, the initial reports point to slightly more restrictive guidance than hoped by many industry participants. Shares of hydrogen-exposed equities underperformed on Dec. 5, with the Global X Hydrogen exchange-traded fund down 2.9% versus the S&P 500 decline of 0.1%.

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