In the small town of Luleå, Sweden, a groundbreaking initiative named HYBRIT is revolutionizing steel production by utilizing hydrogen and clean electricity to eliminate emissions. The collaboration between energy giant Vattenfall, steel-maker SSAB, and mining firm LKAB has led to the creation of a pilot plant showcasing the potential of hydrogen in producing carbon-neutral steel. By replacing coke with hydrogen in a process called direct reduction, iron oxides are transformed into sponge iron, emitting only water vapor as a byproduct. The successful trial presented to the Swedish Energy Agency revealed that hydrogen-produced iron is not only carbon neutral but also offers superior strength and durability compared to fossil fuel-based production. With plans to expand to a larger factory in Gällivare and aims to completely decarbonize steel production in Sweden, the project signifies a significant step towards reducing the country's emissions. Despite challenges like the high cost of green hydrogen and international competition, projects like H2 Green Steel in Boden, Sweden, and other hydrogen-based steel plants in Europe provide hope for a sustainable future in the steel industry. The US's investment in green steel technology further highlights the importance of funding climate tech to support innovation and competitiveness in the global market.