It is "the world's largest investment in engineered carbon removal in history," the Energy Department said in a statement. "Cutting back on our carbon emissions alone won't reverse the growing impacts of climate change," Energy Secretary Jennifer Granholm said in the statement. The Energy Department previously announced plans to invest in four projects to the tune of $3.5 billion. Direct capture differs from carbon capture and storage (CCS) systems at source, such as factory chimneys, which prevent additional emissions from reaching the atmosphere. In May, the Biden administration announced a plan to reduce CO2 emissions from gas-fired and coal-fired power plants, focusing in particular on this second technique.

Source: ABC News August 13, 2023 03:35 UTC