Two New Carbon Dioxide Purification Projects Start

08/12/2023

The United States Energy Department announced a $1.2 billion investment in two carbon dioxide air purification projects, one in Louisiana and one in Texas. The program is the biggest of its sort to date in the United States because the two locations are anticipated to reduce more than 2 million metric tons of CO2 annually.


During a Friday conference call with the media, Energy Secretary Jennifer Granholm stated, "This is like taking nearly half a million gas-powered cars off the road." "This technology can significantly advance our efforts to achieve net zero emissions. " Out of a $3.5 billion program established to remove carbon from the environment by the 2021 Bipartisan Infrastructure Law, this $1.2 billion is the first sum of money that has been assigned to particular projects. In 2024, two further carbon sequestration sites are anticipated to be announced.


The amount of money the US government is investing on direct air capture (DAC) is at its highest level ever. The method separates CO2 from the air using chemical reactions; businesses have many ways to store the CO2, but many do it underground.


In the conference call, Mitch Landrieu, Senior Advisor to the President and White House Infrastructure Coordinator for the bipartisan project, stated that "these hubs are going to help the United States achieve a net zero greenhouse gas economy by 2050." He said that between Texas and Louisiana, the projects will generate 5,000 new jobs.

Quantitative Algorithms, 230 E48th Street, New York, NY 10017

Powered by Webnode Cookies
Create your website for free!