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The proposed tax credit, 45V, is meant to turbocharge the production of low-emissions hydrogen. "The IRA's section 45V production tax credit is the most generous clean hydrogen subsidy in the world," Jesse Jenkins, professor of macro-scale energy systems at Princeton University, told CNBC. John Macdougall | Afp | Getty ImagesThe adjudication of the hydrogen tax credit has become about more than just the hydrogen tax credit, too. The amount of the hydrogen tax credit, which is available for 10 years, depends on the emissions generated in making hydrogen. If hydrogen is produced without releasing any carbon emissions, the tax credit is maxed out at $3 per kilogram of hydrogen.
Persons: that's, It's, Jesse Jenkins, John Macdougall, Wilson Ricks, Jenkins, Ricks, Rachel Fakhry, electrolyzers, Andriy Onufriyenko, Eric Guter, Josef Kallo, H2FLY, Guter, Phil Musser, Shannon Angielski, Angielski, Shi, Fakhry Organizations: Istock, Treasury, Princeton University, CNBC, Daimler Truck Holding, Afp, Getty, Energy, Research, Princeton, Natural Resources Defense Council, Power, Singularity, Air Products, Bloomberg, Air, Products, Hydrogen Company, European, EU, NextEra Energy, Hydrogen Future Coalition, BP, Duke Energy, Exxon Mobile, General Electric, Siemens Energy, American, Shell, Hydrogen, Coalition Locations: Biden's, United States, U.S, Berlin, additionality, Maribor, Slovenia, Oxagon, Saudi Arabia, Wilbarger County , Texas
"From our perspective, AI looks like a really big data problem," said Ben Golub, CEO of decentralized cloud storage company Storj. This startup is joined by legacy enterprises like Dell and IBM in tackling data storage efficiency for economic and environmental sustainability. For those that do go decentralized, Lewis says it's still important to maintain what he calls "centralized management of a decentralized architecture." IBM recently launched its Cloud Carbon Calculator, an AI-informed dashboard designed to give clients access to standards-based greenhouse gas emissions data and help manage their cloud carbon footprint. Which workloads are best suited for a decentralized data storage model?
Persons: Andriy Onufriyenko, Ben Golub, Arthur Lewis, Lewis, Golub, Dell, it's, Ermengarde Jabir, Jabir, Alan Peacock, Peacock Organizations: Dell, IBM, Dell Technologies, Infrastructure Solutions, IBM Cloud
Thin liquidity and big playersCrypto "market depth" has been sitting at very low levels this year. Market depth is a measure of liquidity in a market. According to data firm Kaiko, bitcoin's market depth has fallen 20% since the start of this year. Low liquidity, which has been a feature of the crypto market all year, is also partly behind bitcoin's 80% year-to-date rally. "I think trading volumes and price volatility are two of the most telling indicators of crypto market activity.
Persons: Andriy Onufriyenko, Bitcoin, Kaiko, Jamie Sly, Sly, bitcoin, Clara Medalie, Morgan Stanley, Goldman Sachs, Carol Alexander, Alexander, you've, Vijay Ayyar, Ayyar, CCData's Sly Organizations: BlackRock, CNBC, BTC, Securities, Exchange Commission, Retail, University of Sussex, Citadel, Fidelity Locations: U.S, CoinGecko, Invesco, Blackrock
Insider spoke with specialist sustainability recruiters to find out how to land a role. "There's just been this huge explosion in roles, and every single company is looking for more people," Katie Pereira, the sustainability director at recruitment agency Allen & York, said. Sustainability manager was one of the fastest-growing jobs across Europe and the seventh-fastest-growing job in the UK, according to data from LinkedIn published earlier this year. "The demand for sustainability professionals has really jumped," Andrew Murray, a former senior environment manager at Vodafone, said. While companies often look for a degree, Allen told Insider that some businesses were "starting to remove the need for higher-education qualifications."
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