The latest green transition move by the U.S. government is to invest in the decarbonisation of hard-to-abate industries. The White House has announced that it will provide funds for companies across several industries to increase the use of renewable energy and clean technologies to power and run plants, aimed at reducing greenhouse gas emissions. It will also incorporate carbon capture and storage CCS technology into operations to reduce the CO2 emitted into the atmosphere.
It plans to install low-emissions furnaces that can be powered with clean fuels, such as hydrogen. Many of the components manufactured by Constellium are used to produce cars and planes. One company attracting a high level of attention is the U.S. food major Kraft Heinz, which plans to install heat pumps, electric heaters and electric boilers in its food production facilities. Kraft is expected to be awarded up to $170.9 million in public funding.