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The study is significant because employing carbon-free, clean-burning fuels like hydrogen will provide an alternative to carbon-based fuels, which emit greenhouse gases and contribute to climate change. Hydrogen is the most plentiful element in the universe, and it may be made from a variety of sources.

Under the terms of the MoU, both parties will conduct a technical-commercial joint study of a hydrogen supply chain that includes hydrogen production and transportation in methylcyclohexane (MCH) form, in which hydrogen is converted from its gaseous state to a liquid form to enable large-scale deliveries.