In 2023, the carbon removal industry witnessed a significant growth spurt, propelled by major company acquisitions, government funding initiatives, exciting startup fu.
The Biden administration will put up to $1.2 billion into two projects that will pull planet-warming carbon dioxide from the air in Texas and Louisiana. U.S. Secretary of Energy Jennifer Granholm announced the funds for the two projects in a call with reporters on Thursday. She said that these projects will help to “prove out the…