US DOE To Invest $100M In Advanced Carbon Removal Projects

US DOE To Invest $100M In Advanced Carbon Removal Projects - Carbon Herald
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The U.S. Department of Energy (DOE) has unveiled a $100 million initiative to jumpstart the nascent industry of carbon dioxide removal (CDR). 

Namely, this investment aims to propel projects showcasing advanced carbon removal technologies out of their early stages and into commercial viability, becoming a crucial weapon in the battle against climate change.

The projects considered for the $100 million funding from DOE will focus not only only removing CO2 from the atmosphere, but also permanently storing it and/or utilizing it. 

While most methods for capturing and storing carbon are still in their infancy, their potential is undeniable. 

As highlighted by the IPCC, achieving the ambitious climate goal of limiting global warming to 1.5°C will require removing billions of tons of carbon dioxide annually in the coming decades. 

This funding opportunity signifies a major step towards making that possibility a reality, and is a continued effort following DOE’s launch of the Carbon Negative Shot back in 2021.

Relevant: PPL, Affiliate Partners Selected For $72M Research Grant From The US DOE

The initiative was designed to support innovations in a range of different CDR pathways, including ocean-based solutions, reforestation, soil carbon removal, and others. 

The program prioritizes three key areas:

  • Small biomass carbon removal and storage project that will test ways to capture and store carbon using plant material;
  • Small mineralization pilots will explore innovative technologies that convert captured CO2 into rock-like minerals for permanent storage;
  • Testbed facilities that will be established to study, compare and combine different carbon removal solutions across diverse environments and communities.

Brad Crabtree, Assistant Secretary of Fossil Energy and Carbon Management, said: “The DOE funding of carbon dioxide removal technology pilots and testing facilities will help accelerate the commercialization and wider deployment of technologies that are essential, not only to achieving the Biden-Harris Administration’s net-zero goals, but also to enabling the clean-up of legacy emissions thereafter.”

Read more: DOE Commits New $45M Funding For CO2 Management Solutions

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