The US Department of Energy (DOE) will support the development of two commercial-scale direct air capture (DAC) facilities in Texas and Louisiana with $1.2bn, the world’s largest investment in engineered carbon removal.
Part of President Joe Biden’s Investing in America agenda, the funding hopes to kickstart a nationwide network of large-scale carbon capture removal sites to help slash emissions.
The Louisiana-based plant, Project Cypress, intends to rely on Gulf Coast Sequestration for offtake and geologic storage of captured atmospheric CO2 and hopes to capture more than one million metric tonnes of CO2 annually.
Over in Texas, the South Texas DAC Hub will be developed by 1PointFive, a subsidiary of Occidental, and its partners Carbon Engineering and Worley. Also looking to capture one million metric tonnes of CO2 annually, the project hopes to create around 2,500 jobs.