The Biden administration has unveiled long-awaited final rules for a tax credit designed to support producers of cleaner hydrogen. This initiative aims to allocate billions of dollars to accelerate the transition towards cleaner energy sources. While environmental groups have cautiously welcomed the move, they have also raised concerns about potential loopholes that could inadvertently incentivize the production of 'dirty' hydrogen, which would counteract efforts to reduce greenhouse gas emissions. The tax credit is part of a broader strategy to promote hydrogen production as a replacement for fossil fuels in sectors of the economy that are challenging to electrify, such as long-haul transportation and industrial manufacturing, including steel production. By offering financial incentives for cleaner hydrogen, the administration hopes to drive innovation in energy production and reduce carbon emissions. Nel, a Norwegian company based in Heroya, plays a vital role in this landscape by manufacturing electrolyzers that split water into hydrogen and oxygen, as well as fueling stations to support hydrogen-powered vehicles. This technology is crucial in advancing the adoption of hydrogen as a sustainable energy source. Overall, the finalized tax credit rules represent a step towards a greener future, although ongoing monitoring and adjustments may be necessary to ensure that the incentives effectively support the transition to cleaner hydrogen production.