June 24, 2022--Researched by Industrial Info Resources (Sugar Land, Texas)--The Biden administration in backing direct air capture (DAC) projects, which separate CO2 from the air, then stores it or uses it in value-added products. In April, the Department of Energy announced $14 million in funding for five studies that will use zero- or low-carbon energy to supply DAC projects. Industrial Info is tracking $2.15 billion of projects related to carbon-capture across the U.S., including those from major companies such as <a href='https://www.ormat.com/' target='_blank'>Ormat Technologies Incorporated</a> (<a href='https://www.nyse.com/quote/XNYS:ORA' target='_blank'>NYSE:ORA</a>), <a href='https://www.constellationenergy.com/' target='_blank'>Constellation Energy Corporation</a> (<a href='https://www.nasdaq.com/market-activity/stocks/ceg' target='_blank'>NASDAQ:CEG</a>), <a href='https://www.southerncompany.com/' target='_blank'>Southern Company</a> (<a href='https://www.nyse.com/quote/XNYS:SO' target='_blank'>NYSE:SO</a>), <a href='https://www.aircapture.com/' target='_blank'>AirCapture LLC</a>, <a href='https://www.ussteel.com/' target='_blank'>U.S. Steel</a> (<a href='https://www.nyse.com/quote/XNYS:X' target='_blank'>NYSE:X</a>), <a href='https://www.nutrien.com/' target='_blank'>Nutrien Limited</a> (<a href='https://www.nyse.com/quote/XNYS:NTR' target='_blank'>NYSE:NTR</a>), <a href='https://www.chevron.com/' target='_blank'>Chevron Corporation</a> (<a href='https://www.nyse.com/quote/XNYS:CVX' target='_blank'>NYSE:CVX</a>), <a href='https://www.microsoft.com/en-us/' target='_blank'>Microsoft Corporation</a> (<a href='https://www.nasdaq.com/market-activity/stocks/msft' target='_blank'>NASDAQ:MSFT</a>), <a href='https://www.slb.com/' target='_blank'>Schlumberger Limited</a> (<a href='https://www.nyse.com/quote/XNYS:SLB' target='_blank'>NYSE:SLB</a>) and <a href='https://www.oxy.com/' target='_blank'>Occidental Petroleum Corporation</a> (<a href='https://www.nyse.com/quote/XNYS:OXY' target='_blank'>NYSE:OXY</a>).