DOE Launches Initial BIL Funding For Carbon Removal Infrastructure Hubs

The Department of Energy (DOE) is launching programs with $3.7 billion in infrastructure law funding to advance carbon dioxide removal (CDR) and related technology, a move that could take initial steps to advance strategies the Biden administration says could help address legacy climate-warming pollution. The programs, headlined by funding for four CDR infrastructure “hubs,” will accelerate private-sector investment and advance monitoring and reporting practices for carbon management, according to DOE. With the bulk of the newly announced funding will go...