Published by Todd Bush on April 22, 2024
The U.S. Department of Energy (DOE) is taking major steps towards a greener future with an $8 million investment in 14 innovative projects. These initiatives seek to transform industrial processes by capturing CO2 emissions and converting them into useful goods, aligning directly with the Biden-Harris administration's ambitious climate targets for achieving carbon neutrality in the power sector by 2035 and zero greenhouse gas emissions by 2050.
Industrial sites are a significant environmental worry, contributing to about one-third of the total greenhouse gas emissions within the country.
“Industrial processes are responsible for approximately one-third of our domestic greenhouse gas emissions,” said Brad Crabtree, Assistant Secretary of Fossil Energy and Carbon Management. “The projects announced today will develop alternative feedstocks and technologies for critical products like chemicals, steel, and paper, and provide significant reductions in carbon and methane emissions to address climate change and create a healthier future for all Americans.”
>> In Other News: Advanced Hydrogen Producing Equipment Wins Top Prize and $1 Million in TERA-Award Competition
The supported projects focus on two main research areas: using captured CO2 for useful purposes and applying oxygen-based methods to reduce emissions in industrial operations.
Pioneering Oxygen-Based Technologies:
Eight projects are dedicated to creating and using oxygen-based methods for capturing CO2 in manufacturing operations. These methods, such as oxy-combustion and chemical looping, have the potential to greatly decrease emissions linked to different industrial activities. Some specific objectives involve:
As part of applying for approval, every project team had to present a plan detailing how their projects would interact with and support the local communities. This includes generating good employment opportunities, promoting diversity, fairness, and inclusivity while delivering real advantages to underprivileged communities as per the Justice40 Initiative..
The Department of Energy's investment in carbon capture technologies is an essential move toward a greener future for America. By reducing pollution from industries and promoting new ways to use carbon, these initiatives can lead to cleaner air, better health, and fresh economic prospects for local areas. This funding supports DOE’s goal of cutting down on fossil fuel-related harm to nature while driving the country closer to zero emissions.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 🤝 Tech Titans and Energy Giants Join Forces to Transform Voluntary Carbon Markets 🌲 How Amazon Approaches Carbon Credits, a Key Tool in the Fight Against Climate Change 💰 Canada ...
Inside This Issue 🌾 POET and Tallgrass Announce Collaboration on Carbon Capture Project ⚡ Bloom Energy and Chart Industries Announce Groundbreaking Carbon Capture Partnership ☀️ Solar-powered Devi...
Inside This Issue 🌊 Direct Ocean Capture Takes a Big Step Forward with Captura's New Pilot Plant in Hawaii 🛢️ Gevo and Axens Partner to Broaden Their Alliance to Develop and Commercialize Bio-Base...
NewHydrogen Reveals Secret to Its Breakthrough Technology
The Company’s ThermoLoop technology relies on a paradigm shift to use inexpensive heat and water to kill electrolyzers and make the world’s cheapest green hydrogen SANTA CLARITA, Calif., Feb. 17, ...
A new organization, the Sustainable Aviation Fuels Institute Inc. (SAFII), is uniting individuals and organizations throughout the SAF supply chain as the go-to resource on assessing SAF quality as...
World's preeminent energy conference to focus on 'Moving Ahead: Energy strategies for a complex world.' Learn more at www.ceraweek.com World's preeminent energy conference to focus on 'Moving Ahea...
How Amazon Approaches Carbon Credits, a Key Tool in the Fight Against Climate Change
Carbon credits help unlock private sector climate finance at scale, and drive impact beyond our own operations. Climate scientists agree that in addition to decarbonizing the global economy, slowi...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.