Energy Department announces largest-ever investment in 'carbon removal'

📆 11.08.2023 23:15:00
📰 AP

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The Department of Energy announced Friday it is awarding up to $1.2 billion to two projects that promise to remove carbon dioxide from the air in what officials said was the largest investment in 'engineered carbon removal' in history.

Officials said the projects will create 5,000 jobs for local workers and people formerly employed in the fossil fuel industry.

Tim Lieuwen, executive director of the Strategic Energy Institute at the Georgia Institute of Technology agreed that the pollution from some kinds of heavy industry will need to be addressed through technologies like direct air capture. Shannon Boettcher, professor of chemistry at the University of Oregon, said direct air capture technologies are not yet cost effective, and are worth some investment in research and development.

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Energy Department announces largest investment in ‘carbon removal’The process, known as direct air capture, does not yet exist on a meaningful scale and could be a game changer if it did so economically.
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