With a bit of help from the DoE, carbon capture financing is finally taking off in the U.S., with oil and gas giant Occidental unveiling plans to launch a number of DAC plants in the next couple of years.
Occidental Petroleum and Battelle lead Texas and Louisiana projects set for award of first-round federal funds, with 19 regional direct air capture hub teams that include AEC firms set to gain a total of $100M.
DOE to award up to $1 2B to two direct air capture (DAC) demonstrations greencarcongress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from greencarcongress.com Daily Mail and Mail on Sunday newspapers.
Biden-Harris Administration Announces Up To $1 2 Billion For Nation s First Direct Air Capture Demonstrations in Texas and Louisiana energy.gov - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from energy.gov Daily Mail and Mail on Sunday newspapers.