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US awards record $6 bln to back industrial emissions reduction projects

The U.S. Energy Department on Monday announced $6 billion in federal funding to subsidize 33 industrial projects in 20 states to cut carbon emissions, saying the investment would support well-paying.

US awards record $6 billion to back industrial emissions reduction projects

US awards record $6 billion to back industrial emissions reduction projects
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US Awards Record $6 Billion to Back Industrial Emissions Reduction Projects

US Awards Record $6 Billion to Back Industrial Emissions Reduction Projects
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carbon emissions: US awards record $6 bln to back industrial emissions reduction projects

The U.S. Energy Department is granting $6 billion for 33 industrial projects in 20 states to reduce carbon emissions. This investment will create union jobs and enhance U.S. competitiveness. The largest project will install new technology at a steel facility in Ohio to cut emissions by 1 million tons. These initiatives aim to eliminate 14 million metric tons of pollution yearly, equivalent to removing 3 million gas-powered vehicles from roads. The funding recognizes efforts by industries like cement, a major CO2 emitter.

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