Biden-Harris Administration Announces $254 Million to Decarbonize America’s Industrial Sector and Revitalize Domestic Manufacturing
In support of President Biden’s Investing in America agenda, the U.S. Department of Energy (DOE) today announced $171 million for 49 projects across 21 states to reduce industrial greenhouse gas (GHG) emissions and accelerate the development of innovative decarbonization technologies. DOE also announced that applications are open for an $83 million funding opportunity to decrease emissions from hard-to-decarbonize industrial sectors, which represent roughly 30 percent of total U.S. carbon emissions. Today’s announcements support DOE’s Industrial Heat Shot and Clean Fuels & Products Shot and will help the nation meet the Biden-Harris Administration’s ambitious goal of a net-zero emissions economy by 2050. Advancing next-generation technologies that reduce harmful emissions is a key component of President Biden’s Investing in America agenda to tackle the climate crisis, create new, good-paying jobs across the nation, and strengthen America’s manufacturing and industrial competitiveness.