Friday, August 11, 2023

The climate scam is entirely about MONEY!-----US awards $1.2 billion to Oxy, Climeworks-led carbon air capture hubs

US awards $1.2 billion to Oxy, Climeworks-led carbon air capture hubs
"WASHINGTON (Reuters) - The U.S. Department of Energy on Friday announced that projects in Texas and Louisiana to remove more than 2 million tonnes of carbon emissions will get over $1 billion in federal grants, a key step in scaling up direct air capture (DAC) technology.
...The agency also launched several new initiatives aimed at bringing the cost of the technology down to less than $100 per net metric ton of CO2-equivalent within this decade. 
  • That includes a $35 million government procurement program for carbon removal credits, and 
  • funding for 14 feasibility studies and 5 engineering and design studies for earlier-stage hub projects...

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