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DOE Launches $3.5 Billion DAC Program

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The US Department of Energy launched a program on Thursday to fund four large-scale projects across the country that can remove carbon dioxide from the air, investing $3.5 billion in a nascent technology that the Biden administration says is necessary to meet a goal of achieving net-zero emissions by mid-century.

Topics:
Policy and Regulation, Low-Carbon Policy, CO2 Emissions, Carbon Capture (CCS)
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