The Biden administration released final guidelines offering tax credits to companies producing clean hydrogen, aiming to combat climate change. The plan requires the use of low-emission sources like wind or solar power. Changes were made to make it easier for producers to claim the credits, with additional flexibility granted until 2030 and criteria allowing the use of methane gas or nuclear reactors.
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Why AT&T Stock Jumped Today
AT&T (NYSE: T) saw its stock rise by 1.6% during Monday's trading, outperforming the S&P 500 and Nasdaq Composite, which gained 0.1% and 0.3%, respectively. The increase was partly fueled by positive market sentiment following Verizon's bullish second-quarter earnings report, which investors interpreted as a good sign for the telecommunications sector. Want More Context? 🔎
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