The funding is part of the department’s five-year, $3.5 billion grant program for four regional direct air capture projects aimed at capturing carbon emissions from the atmosphere and storing them deep underground.DOE said the awards will fund both Project Cypress in Calcasieu Parish, Louisiana, and the South Texas DAC Hub in Kleberg County, Texas.
Energy Secretary Jennifer Granholm described the carbon removal projects as “essential” to achieving a net-zero global economy by 2050. DAC technology does not yet exist on a commercial scale, but is considered crucial to deliver on the Biden administration's goal of reaching net-zero emissions by 2050. Energy Department officials said Friday that the Texas and Louisiana projects will play a key role in helping demonstrate the ability of carbon capture and removal at scale.
Energy Energy Latest News, Energy Energy Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: cleveland19news - 🏆 70. / 68 Read more »
Source: AP - 🏆 728. / 51 Read more »
Redefining America’s 'Energy Communities' Can Boost Clean Energy Investment Where It’s Needed MostCommunities heavily reliant on fossil fuel employment in the powertrain segment, such as those in Michigan, Ohio, and Indiana, can benefit from redefining 'Energy Communities' to boost clean energy investment. For example, a quarter of Monroe County, Michigan's total employment is involved in internal combustion engine vehicle powertrains. Another challenge is the unemployment rate requirement for fossil fuel energy communities.
Source: cleantechnica - 🏆 565. / 51 Read more »
Source: ksatnews - 🏆 442. / 53 Read more »
Source: Nature - 🏆 64. / 68 Read more »
Source: Gizmodo - 🏆 556. / 51 Read more »