In some instances, the carbon dioxide is transported across states through pipelines and stored at facilities and used for other things.
The bulk of the money, $242 million, is going toward nine new or expanded large-scale carbon storage projects with capacity to hold at least 50 million metric tons of carbon dioxide, a tiny fraction of how much is put into the atmosphere. The U.S. released about 5.5 billion metric tons of carbon dioxide in 2021, according to the Environmental Protection agency.
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