"Biden-Harris Administration Funds Groundbreaking Direct Air Capture Projects in Texas and Louisiana"

The Biden-Harris administration has announced up to $1.2 billion in funding for the development of two commercial-scale direct air capture (DAC) facilities in Texas and Louisiana. These projects, the first of their scale in the United States, aim to remove over 2 million metric tons of carbon dioxide (CO2) emissions annually and create 4,800 jobs. DAC is a process that separates CO2 from the air, allowing for its safe storage underground or conversion into useful products. The investments are part of President Biden's plan to address climate change and achieve a net-zero economy by 2050. The announcement also includes plans for future DAC Hub studies and funding opportunities for carbon dioxide removal technologies.