The $245M bid to pull clean hydrogen straight from the earth

Demand for carbon-free hydrogen is rising. Startup Koloma aims to extract the gas from underground geologic deposits — and it just raised a ton of venture funding.

By Eric Wesoff  . 

In the foreground is a small deep teal pond. Workers crouch on the far shore taking samples.
Government geologists take samples of natural hydrogen from a small pond in Indonesia. (Mohamad Hamzah/NurPhoto/Getty Images)