If you’re planning on buying a hydrogen car – you should do it quickly. That’s because the federal tax credit worth up to $8,000 for fuel cell vehicle purchasers expires on Dec. 31, 2014 due to the fact that Congress didn’t renew it before their holiday break. According to Autoblog, this isn’t the first tax credit for greener vehicles to suffer from the 113th Congress’ lack of action. The electronic motorcycle credit was killed as Congress was getting ready to close down for the season but a house bill managed to extend the Alternative Fuels Excise Tax Credits for liquefied hydrogen and other alternative fuels.
Read the rest of Congress is letting tax credits for hydrogen-fuelled cars expire at the end of 2014
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