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The Buden-Harris Administration is reaffirming its commitment to reducing emissions and working towards a fair clean energy future.…
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] The U.S. Announced $6B Investment For 33 Projects For Decarbonization Carbon Herald InterviewsCaptureRemovalDirect Air CaptureCarbon MarketsCompaniesStocksCarbon Capture StocksPolicyPodcastHydrogenOpinionNewsletterAdvertisingArchives Archives Select Month March 2024 (145) February 2024 (153) January 2024 (139) December 2023 (136) November 2023 (169) October 2023 (179) September 2023 (170) August 2023 (144) July 2023 (146) June 2023 (130) May 2023 (112) April 2023 (132) March 2023 (169) February 2023 (123) January 2023 (103) December 2022 (97) November 2022 (128) October 2022 (118) September 2022 (109) August 2022 (64) July 2022 (90) June 2022 (90) May 2022 (92) April 2022 (83) March 2022 (85) February 2022 (74) January 2022 (73) December 2021 (53) November 2021 (95) October 2021 (84) September 2021 (75) August 2021 (60) July 2021 (48) June 2021 (69) May 2021 (36) April 2021 (34) March 2021 (48) WingsWingsSelect CategoryCaptureCarbon AccountingCarbon Capture StocksCarbon MarketsCompaniesDaily BriefDirect Air CaptureHydrogenHydrogen StocksInterviewsInvestmentOpinionPartner ContentPolicyPress ReleaseRemovalScienceStartupsStocksTechnologyUncategorized MetaLog inEntries feedComments feedWordPress.org Carbon Herald Carbon Herald InterviewsCaptureRemovalDirect Air CaptureCarbon MarketsCompaniesStocksCarbon Capture StocksPolicyPodcastHydrogenOpinionNewsletterAdvertising Carbon Herald Latest The U.S. Announced $6B Investment For 33 Projects For Decarbonization Carbon America Submits First Class VI Permit Application In Nebraska NYK, JC And KNCC To Explore CO2 Liquefaction And Storage Processes Aker Carbon Capture Awarded Study And Test Campaign From Wacker агреена zurich insurance ZS2 CompaniesInvestmentPolicyThe U.S. Announced $6B Investment For 33 Projects For DecarbonizationbyPetya TrendafilovaMarch 26, 20244 minute read Credit: David Hoffman | FlickrTotal0Shares 0 0 0 0 0 0 0 The Buden-Harris Administration is reaffirming its commitment to reducing emissions and working towards a fair clean energy future. The U.S. Department of Energy (DOE) announced on March 25th a major up to $6 billion investment for 33 projects across more than 20 states to decarbonize energy-intensive industries.The projects aim to reduce industrial greenhouse gas emissions, support good-paying union jobs, revitalize industrial communities, strengthen the nation’s manufacturing competitiveness and most of all reduce pollution in disadvantaged communities that have experienced years of disinvestment and emissions problems.Relevant: DOE Announces $6B Investment For Decarbonization Of Hard-To-Abate IndustriesThe $6 billion support is funded by the President’s Bipartisan Infrastructure Law and Inflation Reduction Act – $489 million come from the Bipartisan Infrastructure Law and $5.47 billion from the Inflation Reduction Act. The emission reductions from the 33 projects are expected to come at an equivalent of more than 14 million metric tons of carbon dioxide (CO2) emissions each year. Each project will also cut emissions by an average of 77%.Some of the projects will deploy novel decarbonization technologies that haven’t reached economies of scale yet, which means they have the potential to multiply the emissions cuts when they achieve sector-wide adoption and transformation. The government boost will help them accelerate their path of widespread deployment.As part of President Biden’s efforts to build an equitable and inclusive clean energy future, each project is expected to develop and implement a comprehensive Community Benefits Plan. This plan includes engaging communities and labor, investing in America’s workers through quality jobs and advancing diversity, equity, inclusion, and accessibility through recruitment and training.One of the criteria for the selected projects is that 80% of them need to be located in a disadvantaged community, as defined by President Biden’s Justice40 Initiative. The Justice40 Initiative is the first commitment made in the USA’s history, saying that 40% of the overall benefits of certain federal climate, decarbonization, clean energy, affordable, sustainable housing, and other investments will go to disadvantaged communities, overburdened by pollution and lack of investment for improvements.Relevant: DOE Announces $254M Investment In The Decarbonization Of Industry“Thanks to President Biden’s industrial strategy, DOE is making the largest investment in industrial decarbonization in the history of the United States. These investments will slash emissions from these difficult-to-decarbonize sectors and ensure American businesses and American workers remain at the forefront of the global economy,” commented U.S. Secretary of Energy Jennifer M. Granholm.The 33 projects selected broken by industry are as follows:Chemicals and Refining:The Chemical Production Electrification and Heat Storage project, led by ISP Chemicals (Ashland), Tennessee Valley Authority (TVA) and Electrified Thermal Solutions (ETS);A Novel CO2 Utilization for Electric Vehicle Battery Chemical Production project, led by The Dow Chemical Company (Dow);The Polyethylene Terephthalate Recycling Decarbonization Project, led by Eastman Chemical Company (Eastman);The Star e-Methanol project, led by a U.S. subsidiary of Orsted;The Sustainable Ethylene from CO2 Utilization with Renewable Energy (SECURE) project, led byT.EN Stone & Webster Process Technology, Inc. in partnership with LanzaTech;The Syngas Production from Recycled Chemical Byproduct Streams project, led by BASF;Pulp and Paper Energy Efficiency and Electrification Upgrades project, led by International Paper Company (IP) and Via Separations (Via).Cement and Concrete:The First Commercial Electrochemical Cement Manufacturing project, led by Sublime Systems;The Lebec Net Zero Cement Plant Project in California, led by the National Cement Company of California, Inc;The Limestone Calcined Clay Cement Production project, led by Roanoke Cement Company;The Low-Carbon Calcined Clay Cement Demonstration project, led by Summit Materials, Inc.;The Mitchell Cement Plant Decarbonization Project, led by Heidelberg Materials US, Inc. (Heidelberg Materials);The Deeply Decarbonized Cement project, led by Brimstone.Iron and Steel:The Hydrogen-Fueled Zero Emissions Steel Making project, led by SSAB;The Hydrogen-Ready Direct Reduced Iron Plant and Electric Melting Furnace Installation project for iron and steel, led by Cleveland-Cliffs Steel Corporation;The Induction Melting Upgrade (“Right Way” Next Generation Melt Project), led by AMERICAN Cast Iron Pipe Company;The Iron Electric Induction Conversion project, led by United States Pipe and Foundry Company (U.S. Pipe);TheLow-Emissions, Cold-Agglomerated Iron Ore Briquette Production project, led by Vale;The Steel Slab Electrified Induction Reheat Furnace Upgrade project, led by Cleveland-Cliffs Steel Corporation.Aluminum and Metals:The Advanced Copper Recycling Facility project, led by Wieland;The Green Aluminum Smelter project, led by Century Aluminum Company;The Low Carbon SmartMelt Furnace Conversion project, led by Constellium;The Nexcast – Next Generation Aluminum Mini Mill project, led by Golden Aluminum;The Zero Waste Advanced Aluminum Recycling project, led by Real Alloy Recycling.Food and Beverage:The Decarbonization of Unilever Ice Cream Manufacturing project, led by Unilever;The Delicious Decarbonization Through Integrated Electrification and Energy Storage project;The Heat Batteries for Deep Decarbonization of the Beverage Industry project, led by Diageo;Americas Supply, Inc. (Diageo) in partnership with Rondo Energy and the National Renewable Energy Laboratory.Glass:The Flexible Fuel Electric Hybrid Glass Furnace Demonstration project, led by Libbey Glass;The Glass Furnace Decarbonization Technology project, led by O-I Glass;The Hybrid Electric Glass Furnace Project, led by Gallo Glass.Process Heat:The Steam-Generating Heat Pumps for Cross-Sector Deep Decarbonization project, led by Skyven Technologies;The Vikrell Electric Boiler & Microgrid System project, led by Kohler;Pulp and Paper:The Pulp and Paper Energy Efficiency and Electrification Upgrades project, led by International Paper Company (IP) and Via Separations (Via).More about the projects can read here. 0 0 0 Buden-Harris Administrationclean energy investmentdecarbonizationJennifer M. GranholmJustice40 InitiativeLeave a Reply Cancel replyYour email address will not be published. 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