Energy agency announces $6 billion to slash emissions in industrial facilities

Source: AP

Updated 5:10 AM EDT, March 25, 2024


The Biden administration announced $6 billion in funding Monday for projects that will slash emissions from the industrial sector — the largest-ever U.S. investment to decarbonize domestic industry to fight climate change.

The industrial sector is responsible for roughly 25% of all the nation’s emissions, and has proven difficult to decarbonize due to its energy-intense, large-scale operations.

Iron, steel, aluminum, food and beverage, concrete and cement facilities are some of those involved in this initiative. Recipients of the funding, which is coming from the Inflation Reduction Act and the Bipartisan Infrastructure Law, include 33 demonstration projects in more than 20 states.

Energy Secretary Jennifer Granholm said during a call with news media that the technologies being funded are “replicable,” “scalable,” and will “set a new gold standard for clean manufacturing in the United States and around the world.” White House climate adviser Ali Zaidi said this funding aims to eliminate 14 million metric tons of pollution each year, equivalent to taking about three million cars off the road.

Read more: https://apnews.com/article/climate-energy-carbon-emissions-industry-manufacturing-biden-7145f8cf0e020418032a192a3e481041