$104 million has been announced on accordance to President Biden’s climate agenda to fund emission reduction technologies and build.
According to the U.S. Department of Energy, the U.S. Department of Energy (DOE) today released its “Industrial Decarbonization Roadmap”—a comprehensive report identifying four key pathways to reduce industrial emissions in American manufacturing. The roadmap emphasizes the urgency of dramatically cutting carbon emissions and pollution from the industrial sector, and presents a staged research, development, and demonstration (RD&D) agenda for industry and government. DOE also announced a $104 million funding opportunity to advance industrial decarbonization technologies. These announcements build on the historic boost to American manufacturing through President Biden’s Bipartisan Infrastructure Law ($62 billion) and the Inflation Reduction Act ($10 billion for clean energy manufacturing tax credits and $5.8 billion for industrial facilities), while protecting fence-line communities with new monitoring and screening near industrial facilities.