DOE grants will be used to help developers make up the difference in cost between building CO2 pipelines for current demand versus projected future demand.

With plans for two more hubs and ongoing R&D, DOE is building out a U.S. ecosystem for the development and commercialization of carbon management technologies.

The two projects are the first of four hubs to get a slice of the $3.5 billion the Infrastructure bill provided to develop the technology at commercial scale.

The global pipeline for carbon capture projects has jumped by nearly half since 2021, but hitting climate targets will require far greater growth, backers say.

The Department of Energy plans to use $500 million from the Infrastructure Investment and Jobs Act to put clean energy on former mine lands across the country.

Meeting the Paris Agreement goals cannot happen without carbon capture, Energy Secretary Jennifer Granholm told the Global CCS Institute Forum.

Direct pay incentives and project developers with a clear vision and just one job to do could fix the CCS industry's cash flow problem, stakeholders heard.

NECA’s Fuels Committee asked experts on carbon capture and sequestration to discuss the technology and its place in the global decarbonization effort.

There are 135 CCS facilities in the global pipeline, but the sector has a lot of room to grow, says Jarad Daniels of the Global CCS Institute.