Biden Admin Announces $1.2 Billion for Carbon Capture Projects

The Biden administration has allocated up to $1.2 billion to support the development of two large-scale direct air capture carbon management facilities.

The U.S. Department of Energy building in Washington, on July 22, 2019. Alastair Pike/AFP via Getty Images

The Biden administration has allocated up to $1.2 billion to support the development of two large-scale direct air capture (DAC) carbon management facilities.

The U.S. Department of Energy (DOE) has unveiled the substantial investment marking a significant stride towards the administration’s carbon dioxide (CO2) emissions goals in an Aug. 11 press release.