NEWS

The Department of Energy will provide $2.52 billion in funding for two carbon capture programs, with additional funding possible later, the agency said Thursday.

Through its Carbon Capture Demonstration Projects Program, DOE is offering $1.7 billion for about six commercial-scale carbon capture projects integrated with carbon transportation and geologic storage infrastructure.

The program focuses on projects that can be replicated at power plants and major industrial sources of carbon emissions, such as cement, pulp and paper, iron and steel plants, the department said.

Read full article.