The U.S. Department of
Energy on Friday announced that projects in Texas and Louisiana
to remove more than 2 million tonnes of carbon emissions will
get over $1 billion in federal grants, a key step. -August 11, 2023 at 05:00 am- MarketScreener
WASHINGTON (Reuters) -The U.S. Department of Energy on Friday announced that projects in Texas and Louisiana to remove more than 2 million metric tons of carbon emissions per year will get over $1 billion in federal grants, a key step in scaling up direct air capture (DAC) technology. The agency also launched several new initiatives aimed at bringing the cost of the technology down to less than $100 per net metric ton of CO2-equivalent within this decade.
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