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Earlier this week the Oil and Gas Climate Initiative (OGCI) Climate Investments fund announced it is investing in the KeyState Natural Gas Synthesis project in Clinton County, PA. KeyState is developing the first carbon capture project in Pennsylvania, which will locally produce hydrogen, ammonia and urea. The $400-$500 million project will drill for the natural gas, transport and process it, and manufacture the end products--all within a self-contained, closed loop, nearly eliminating emissions by capturing and sequestering the carbon underground in the process.
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