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Recently, clean hydrogen startup Monolith announced that it has received conditional approval for a $1B loan from the U.S. DOE Loan Programs Office (LPO). This funding will be used to scale its Olive Creek facility in Hallam, Nebraska, which uses methane pyrolysis to convert natural gas into gaseous hydrogen and solid carbon, also known as carbon black. Hydrogen is one of the key elements of the gas networks’ ESG imperatives.
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Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.