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The Trump administration may cut funding for two major direct-air capture plants

Source

MIT Technology Review

Published

TL;DR

AI Generated

The Trump administration is considering cutting funding for two major direct-air capture plants in Texas and Louisiana, potentially impacting projects that were set to receive over $1 billion in government grants. The Department of Energy has a list indicating termination of roughly $50 million in initial funding for each project, raising uncertainty about the future of the full funding. These projects were part of the DOE’s Regional Direct Air Capture Hubs program funded through the Bipartisan Infrastructure Law. The decision could have implications for the nascent carbon removal sector and the US's climate goals.