US DOE announces $518m funding for decarbonisation efforts

The US Department of Energy’s (DOE) Office of Fossil Energy and Carbon Management (FECM) has announced over $518 million in funding for 23 projects across 19 states to advance national decarbonisation efforts. Funded by the Bipartisan Infrastructure Law, these projects will focus on developing and validating large-scale carbon storage infrastructure to significantly reduce carbon dioxide (CO2) emissions from industrial operations, power plants, and legacy emissions in the atmosphere. The initiative aims to support environmental goals and create quality jobs in local communities. Additionally, the DOE is seeking input from stakeholders on future carbon storage infrastructure needs ahead of the next round of funding.

Brad Crabtree, Assistant Secretary of Fossil Energy and Carbon Management said, “The funding announced today will help ensure that carbon storage projects—crucial to slashing harmful carbon pollution—are designed, built, and operated safely and responsibly across all phases of development, to deliver healthier communities as well as high-quality American jobs.”

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