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Latin America Gears Up For Clean Hydrogen Boom But The Road Is Not Smooth

07 Oct 2024 | Abstracted from Reuters

"...Colombia's government...has made weaning the nation off oil and coal in favor of renewable energy a major policy goal...billions of dollars in funding are on offer from multilateral lenders.

"...major hurdles they cited included a lack of customers as local businesses shy away from signing deals that producers need to secure financing...Clean hydrogen is currently much more expensive - north of $10 per kilogram in some places..."



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