DOE Announces $45 Million for Carbon Capture, Transport and Storage to Reduce Carbon Pollution

By admin| 1 Min Read | July 20, 2023

NETL.DOE.gov – May 22, 2023

The U.S. Department of Energy’s (DOE) Office of Fossil Energy and Carbon Management (FECM) and National Energy Technology Laboratory (NETL) announced up to $45.5 million in funding available to advance carbon dioxide (CO2) capture technologies and help establish the foundation for a successful carbon transport and storage industry in the United States. Large-scale deployment of carbon capture, transportation, and storage infrastructure is crucial to meeting President Biden’s goal of achieving net-zero greenhouse gas emissions by 2050 to address climate change, while also delivering a healthier environment and economic opportunities for our communities and workers. Read the full article at NETL.DOE.gov