DOE Push To Cut Carbon Removal Price Seen As Key Sign Of Climate Focus

The Department of Energy’s (DOE) new goal to remove gigatons of carbon dioxide (CO2) from the atmosphere and store it for less than $100/ton of net CO2-equivalent by 2030 marks just the latest sign of how Congress and the Biden administration are overhauling DOE to focus on climate change, supporters say. “As this administration pushes for bold emissions reductions and Congress pours funding into carbon removal, the [just-announced] Carbon Negative Shot can play a central role in getting us to...