As part of the Investing in America agenda, the U.S. Department of Energy (DOE) will allocate $100 million to help support states, local governments, and public utilities that are attempting to purchase products created from carbon emissions. According to the DOE, this initiative is intended to increase the adoption rate of advanced carbon management technologies. This will hopefully lead to reduced carbon emissions and lessen environmental and health risks. The Carbon Utilization Procurement Grants program will offset 50% of the costs associated with obtaining and using products developed through the conversion of captured carbon dioxide and carbon monoxide emissions.
In a recent quote, U.S. Secretary of Energy Jennifer M. Granholm said, “President Biden’s Investing in America agenda is helping transform harmful pollutants into beneficial products. The funding announced today will scale up carbon management technology, lowering costs, and increasing access to clean energy. State and local grants, made possible through the Bipartisan Infrastructure Law, will help demonstrate the economic viability of innovative technologies, resulting in huge net reductions in lifecycle greenhouse gas emissions, while bringing new, good-paying jobs and cleaner air to communities nationwide.”