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

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech developments
  • Stay in the know with our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Tap into our extensive archive of exclusive articles, news, analysis and guides
  • Access our Intelligence Reports, exclusive data-rich studies on business-critical aspects of the green economy (BG Advanced members only)
  • Choose from 3 paid membership levels or start a 7-day no strings trial

Join nowTry 7 day trial

 

Already a BusinessGreen member?

Login

More on CCS

Landscape Recovery scheme can boost bird populations by 50 per cent, the report argues | Credit: iStock

How the government's Landscape Recovery scheme could deliver major returns for farmers and the climate

Green Alliance report argues nature-and climate-positive farming reforms could offer significant financial returns to cash-strapped farmers

Cecilia Keating
clock 15 August 2022 • 6 min read
The climate debate now revolves around how, not if, net zero should be achieved

The climate debate now revolves around how, not if, net zero should be achieved

Deliberative democracy is a valuable tool that can help the next PM craft climate policies that are effective and popular, writes Lancaster University's Jacob Ainscough

Jacob Ainscough, Lancaster University
clock 15 August 2022 • 4 min read
Renewables industry hits back at Liz Truss's 'depressing' solar jibe

Renewables industry hits back at Liz Truss's 'depressing' solar jibe

"The language used so far over the course of the Conservative leadership race regarding solar and land use is deeply concerning"

James Murray
clock 12 August 2022 • 5 min read