The Globe and Mail reports in its Wednesday, Oct. 5, edition that Canada will examine its tax supports for the hydrogen processing industry in the wake of the Inflation Reduction Act recently passed in the United States in a bid to ensure the country remains competitive in the sector. The Globe's Emma Graney writes that the move comes as Ottawa continues its push to expand Canada's hydrogen sector. Its hydrogen strategy, released in late 2020, targets a robust domestic hydrogen market worth up to $50-billion, with 350,000 jobs created by 2050. While the federal government mulls over supports for the hydrogen industry, it is unlikely there will be an overhaul of Ottawa's new investment tax credit for carbon capture, utilization and sequestration. Natural Resources Minister Jonathan Wilkinson said there are other tools the government is looking to implement to ensure Canadian CCUS incentives remain comparable to those of the U.S., including contracts to provide pricing certainty. Despite the global energy crisis, Mr. Wilkinson said it is crucial to rein in emissions in every facet of the economy --including oil and gas -- "because climate change hasn't gone away and remains an existential threat to the future of this planet."