The US Department of Energy’s (DOE) Office of Fossil Energy and Carbon Management (FECM) has made a $1.3m funding announcement to commercialise 13 carbon dioxide (CO2) removal programmes.
Awarded under the DAC Energy Programme for Innovation Clusters (EPIC) Prize, the funding is one of several prize competitions hosted by the DOE, and funded by the Bipartisan Infrastructure Law, to support direct air capture (DAC) technologies.
DAC and carbon capture technologies alike are seen by the US government as imperative to attaining the Biden-Harris Administration’s climate and clean energy agenda, which outlines a goal to achieve Net Zero emissions by no later than 2050.
Brad Crabtree, Assistant Secretary of Fossil Energy and Carbon Management at the DOE, said, “The DAC EPIC Prize winners have demonstrated a passion and expertise for assisting the transition of DAC technologies from an idea to a marketable product through design, industry networking, and business strategy support.”
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