Direct Lobbying Transparency
| Overall Assessment | Comment | Score |
|---|---|---|
| Comprehensive | Plug Power provides a highly detailed picture of its climate-policy lobbying. It explicitly identifies the measures it seeks to influence, including the Section 45V Clean Hydrogen Production Tax Credit established by the U.S. Inflation Reduction Act, a companion Investment Tax Credit for hydrogen infrastructure, and the EU Renewable Energy Directive, and it treats these as the core of its public-policy engagement. The company also discloses the methods and targets of that engagement: it joined 32 other signatories in sending a formal letter to the Biden Administration on the implementation of Section 45V, delivered written testimony and appeared before the U.S. Senate Committee on Energy and Natural Resources chaired by Senator Joe Manchin, and held direct discussions with climate envoy Secretary John Kerry at COP26. Finally, Plug Power is explicit about the outcomes it is pursuing. It calls for a “production tax credit of $3 per kilo” for green hydrogen, supports a sliding scale for blue hydrogen, and opposes the proposed “Three Pillars” of additionality, hourly time-matching and regionality that it argues would “severely restrict the ability of the clean hydrogen economy to scale up.” Taken together, these disclosures demonstrate a comprehensive level of transparency around the company’s climate-related lobbying activities. | 4 |