US presses ahead with plan to invest $3.5bn in four direct air capture hubs

Cecilia Keating
clock • 3 min read
An oil refinery complex in the US | Credit: iStock
Image:

An oil refinery complex in the US | Credit: iStock

US Energy Secretary says multi-billion-dollar investment programme in DAC will position US as a 'net zero leader'

The White House has announced it is to invest $3.5bn in four large-scale direct air capture (DAC) networks, as part of its plans to spur the roll out of the nascent clean technology and put the US on a...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on CCS

Swapping carbon capture funding for defence is a false economy
CCS

Swapping carbon capture funding for defence is a false economy

The Defence Investment Plan makes a clear case for strengthening Britain's military, but if ministers fund that ambition by diverting money away from CCUS, they risk undermining one of the key industries needed to deliver it, argued the Mineral Products...

Martin Casey, Mineral Products Association
clock 28 August 2026 • 4 min read
Veolia and Sheffield City Council successfully trial 'UK first' carbon capture technology
CCS

Veolia and Sheffield City Council successfully trial 'UK first' carbon capture technology

Waste, water, and energy giant to capture up to a tonne of CO2 daily at the Sheffield Energy Recovery Facility

Stuart Stone
clock 04 August 2026 • 4 min read
UK and Belgium ink agreement to facilitate cross-border CO2 transport and storage
CCS

UK and Belgium ink agreement to facilitate cross-border CO2 transport and storage

New Memorandum of Understanding marks first London Protocol carbon storage agreement UK has reached with another country

Stuart Stone
clock 18 June 2026 • 4 min read