Abstract

The Joe Biden administration is moving quickly to implement carbon dioxide management provisions in the 2021 federal infrastructure bill and the Inflation Reduction Act that became law this summer. The US Department of Energy (DOE) opened more than $1.4 billion in funding on Dec. 13 to applications, proposals, and bids for direct air capture (DAC), carbon utilization , and CO 2 infrastructure projects. The agency will put most of the funding, $1.2 billion, toward four DAC hubs to be built across the US. The DOE wants the hubs to demonstrate commercial-scale DAC technologies with the capacity to pull 1 million metric tons of CO 2 per year out of the atmosphere and either inject it underground or turn it into products. The funding timeline is aggressive, says Jessie Stolark, public policy manager for the nonprofit Carbon Capture Coalition (CCC). The deadline for full applications is in mid-March, and awardees should

Full Text
Published version (Free)

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call