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Department of Energy Unveils $6 Billion in Funding to Reduce Industrial Emissions

March 25, 2024


The Biden administration announced Monday that it will provide $6 billion in funding to 33 projects across the United States to help “decarbonize energy-intensive industries, reduce industrial greenhouse gas emissions, support good-paying union jobs, revitalize industrial communities, and strengthen the nation’s manufacturing competitiveness.”

The projects are expected to reduce “the equivalent of more than 14 million metric tons of carbon dioxide (CO2) emissions each year,” which roughly amounts to the annual emissions of 3 million gas-powered cars, according to the Department of Energy. All of the projects were chosen for their potential to be first-in-the-nation models that can be replicated at other sites across the country.

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