Two Large-Scale Carbon Capture Projects Receive $1.2 Billion from Biden Administration

Two Large-Scale Carbon Capture Projects Receive .2 Billion from Biden Administration


The⁣ Department of ‍Energy is​ providing grants of ⁣up to $1.2 billion to two ⁢direct air capture (DAC) projects that ⁢aim to remove over 2 million metric tons of ​carbon dioxide from the⁣ atmosphere annually. The agency states ​that this is⁢ equivalent ​to the yearly‌ emissions of approximately 445,000 gas-powered​ cars. Additionally, the DOE highlights that these projects in⁤ Texas and Louisiana will also​ generate 4,800 well-paying jobs.

DAC utilizes a chemical process to separate CO2 from the air. ‌The facilities can ⁤then either store the ‌CO2 underground or incorporate it into carbon-containing products ‌like concrete, effectively preventing the gas from reentering the atmosphere.

These projects ⁢mark‌ the first commercial-scale DAC initiatives in ⁤the United States. According to⁤ the DOE, each‌ project‌ will have the capacity to remove more than 250​ times the amount of CO2 from the atmosphere compared to the current largest DAC location. ​The Texas facility is being constructed by 1PointFive, a subsidiary of‌ Occidental⁣ Petroleum, along‌ with its partners.‍ The CEO⁢ of the company states that once the project is fully​ operational,⁤ it ⁣will have…

2023-08-11 13:45:25
Link from www.engadget.com ‍rnrn

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