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Point-source CO₂ capture gets $2.5 billion in US funds

Photo of Craig BettenhausenVerified
· 4:48:32 PM EST Last edited 3/1/2023, 9:49 PM
The US Department of Energy (DOE) has opened $2.52 billion in funding opportunities for carbon-capture projects. The money, which comes from the Inflation Reduction Act passed last summer, is split between $1.7 billion for commercial-scale demonstration projects and $820 million for large-scale pilot installations of emerging carbon-capture technologies.
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