FuelPositive Corp (NHHHF)

[Bsbs12]

Kind of interesting. On Dec. 23, the Department of Energy’s Loan Programs Office announced its first guarantee under Biden: $1.04 billion for Monolith Nebraska, which uses renewable electricity to split natural gas into hydrogen gas and a solid called carbon black. The hydrogen is used to produce agricultural fertilizer; the carbon black will be sold to Goodyear to make tires. Unlike most natural gas-fed hydrogen plants, the company’s proprietary process produces no carbon emissions, Monolith says, making it a clean alternative for two industries—fertilizer and rubber—that have notorious carbon footprints. It’s also the first non-nuclear project to receive support from the LPO since 2016.