Washington VERTical eNews – August 22, 2024

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DOE Announces Announces Over $127 Million to Advance Carbon Capture, Removal, and Conversion Test Centers

The U.S. Department of Energy’s (DOE) Office of Fossil Energy and Carbon Management (FECM) today announced up to $127.5 million in federal funding to support the development of carbon dioxide (CO2) capture, removal, and conversion test centers for cement manufacturing facilities and power plants. Meeting the Biden-Harris Administration’s goal of a net-zero emissions economy by 2050 requires accelerating the responsible development and deployment of technology to capture CO2 emissions from industrial operations and power generation and to remove CO2 directly from the atmosphere.