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BIDEN-HARRIS ADMINISTRATION ANNOUNCES $4.9 BILLION TO DEPLOY INFRASTRUCTURE NECESSARY TO MANAGE AND STORE CARBON POLLUTION

WASHINGTON, D.C.   The U.S. Department of Energy (DOE) today announced a nearly $4.9 billion set of funding opportunities to bolster investments in the carbon management industry and to significantly reduce carbon dioxide (CO2) emissions released into the atmosphere through power generation and industrial operations. The funding from President Biden’s Bipartisan Infrastructure Law will support three programs to help drive the demonstration and deployment of carbon capture systems, along with carbon transport and storage infrastructure. ....

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