Hydrogen projects had been waiting for the rules, which determine what ventures are eligible for incentives under the 2022 Inflation Reduction Act.

The Biden administration loosened some stringent safeguards on a tax credit worth billions of dollars for hydrogen production, after companies argued the rules would stifle domestic manufacturing of the fuel.

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 Urengoy-Pomary-Uzhgorod pipeline was built in the Soviet era to carry Siberian gas to European markets. It became the main conduit to Ukraine’s border with Slovakia from Siberia, passing through the town of Sudzha — which is now under the control of Ukrainian military forces — in Russia’s Kursk region.

Russia has warned that Ukraine's decision not to renew the contract allowing the transit of Russian gas through its territory will jeopardize European economies. In December, Kyiv announced that the agreement negotiated with Russia before the war would expire on January 1,