US invests $1.2 billion in two massive direct air capture projects to advance carbon removal technology

The DOE is providing up to $1.2 billion to develop two commercial-scale direct air capture facilities in Texas and Louisiana.
The projects will utilize advanced technology to directly capture CO2 emissions and store them securely underground.
With capacity to extract over 2 million metric tons of CO2 annually, the hubs represent a major advancement in carbon removal efforts.
The initiatives align with the Biden administration's climate strategy and aim to create thousands of jobs while cutting emissions.
Despite some expert skepticism, direct air capture is seen as an important tool to reach net zero emissions and counter hard-to-decarbonize sectors.