Leaders in Supply & Demand Side Intelligence

Forgot your login?

Enter the e-mail address you used when you registered an account with IIR Energy.

A message will be sent to the E-Mail Address found in our records containing the associated username(s) as well as instructions for a password reset.

E-Mail:

U.S. Department of Energy Invests in Carbon-Capture Technologies

Premium Article

SUGAR LAND--September 14, 2020--Researched by Industrial Info Resources (Sugar Land, Texas)--The U.S. federal government is stepping up to the plate in regard to testing and researching ways to reduce carbon emissions. The U.S. Department of Energy (DOE) recently announced it will provide $72 million in funding for research and development to help reduce emissions. The DOE will provide $51 million for research and development and engineering-scale testing of carbon-capture at nine industrial sites, and $21 million for novel research and development of the capture of carbon-dioxide directly from the atmosphere, known as "direct air capture." The industrial sites included in the $51 million in funding include a range of sectors, including cement production, steel making, power generation and more.

Companies featured: ArcelorMittal (NYSE:MT), Cemex Incorporated (NYSE:CX), Xcel Energy (NASDAQ:XEL), Chevron Corporation (NYSE:CVX), NRG Energy Incorporated (NYSE:NRG)

Details on this Article:
Industry Segment: Metals & Minerals
Word Count: 840 Words
Listen to Today's News News Audio Library Sync News Podcasts

Login or Register now for instant access!
Related Articles

PREMIUM ARTICLE

This article is available for Premium Members only.

Subscribe Now! All Fields are Required...



Pricing Help?

Upgrade your Premium News Subscription to include all archived articles for only $160. Contact Member Services: 800-762-3361

All Members Receive the Following Free Resources:

  • North American Project & Gap Spending
  • North American Plant Analysis by Industry & Market Region
  • Market Maps & Stats - Capital & Maintenance Activity
  • Current & Historic Economic Indicators
  • 30/60/90 Day Weather Forecast