Research in Newfoundland's ophiolite belts indicates potential for producing low-cost hydrogen and permanently mineralizing carbon dioxide. Geologic hydrogen, or 'white hydrogen', could be produced for $0.50 to $1 per kilogram, significantly cheaper than renewable hydrogen. The Bay of Islands Ophiolite Complex has a theoretical CO2 storage capacity of 5.1 x 10^11 tonnes, offering a substantial carbon sink.
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