Hydrogen startups are widely seen as a promising way to eliminate fossil fuels from heavy industry and long-haul transportation. But they have been stuck

The final rule for clean-hydrogen production would allow some nuclear power plants that are at risk of retirement to produce the gas.

The Biden administration said on Friday nuclear power plants will be able to secure lucrative tax credits for production of what it calls clean hydrogen if the credits help prevent reactors from retiring.

The Biden administration loosened some safeguards on a tax credit worth billions of dollars for production of so-called clean hydrogen, Bloomberg reported Friday. The tax credit created by the Inflation Reduction Act,