Koloma's Bet on Buried Hydrogen for Farmers

About this episode

Pete Johnson, Co-founder and CEO of Koloma, joins Inevitable to break down geologic hydrogen — naturally occurring hydrogen found deep underground — and why he believes it could be the first new primary energy source since nuclear power in the 1950s. Koloma has raised more than $400 million from Khosla Ventures, Breakthrough Energy Ventures, Amazon's Climate Pledge Fund, Osaka Gas, and Mitsubishi Heavy Industries, and holds roughly 20 million acres of exploration rights across the U.S. Midcontinent, the Philippines, Australia, and Canada. Pete explains why Koloma's first commercial target isn't power generation but ammonia and fertilizer production in the U.S. Midwest, where farmers pay a…