The Biden administration released long-awaited final rules Friday for a tax credit that will send billions of dollars to producers of cleaner hydrogen. The new rules drew cautious praise from environmental groups,

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 portions of nuclear power plants will be able to secure tax credits to produce clean hydrogen if the credits help to 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,

The Treasury Department finalized long-awaited tax guidance Friday for the production of “clean” hydrogen, a low-emissions energy source that could see federal support wane under President-elect Donald Trump.