US announces $6 billion in grants to decarbonize heavy industry

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WASHINGTON : The Biden administration said on Wednesday it is directing $6 billion in funding to speed decarbonization projects in energy-hungry industries like steel, aluminum and cement making that contribute nearly 25 per cent of U.S. greenhouse gas emissions. The Industrial Demonstrations Program will

WASHINGTON : The Biden administration said on Wednesday it is directing $6 billion in funding to speed decarbonization projects in energy-hungry industries like steel, aluminum and cement making that contribute nearly 25 per cent of U.S. greenhouse gas emissions.

"It's not super-defined," Granholm said at the CERAWeek conference in Houston about the program which aims to fund projects at existing and new facilities alike.

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