This March 25, 2015, file photo shows the Kraft logo in Northfield, Ill. The Biden administration announced $6 billion in funding on Monday, March 25, 2024, for projects that will slash emissions from the industrial sector — the largest-ever U.S. …The Biden administration announced $6 billion in funding Monday for projects that will slash emissions from the industrial sector — the largest-ever U.S. investment to decarbonize domestic industry to fight climate change.
Energy Secretary Jennifer Granholm said during a call with news media that the technologies being funded are “replicable,” “scalable,” and will “set a new gold standard for clean manufacturing in the United States and around the world.” White House climate adviser Ali Zaidi said this funding aims to eliminate 14 million metric tons of pollution each year, equivalent to taking about three million cars off the road.
• Heidelberg Materials US, Inc. will build a system that captures and stores carbon underground at its plant in Mitchell, Indiana. The project aims to capture at least 95% of the carbon dioxide released by the cement plant, which will prevent 2 million tons of carbon dioxide from entering the atmosphere each year.
Decarbonizing the electricity and transportation sectors has been at the center of the climate conversation and there are generous federal subsidizes for the solutions, mainly using renewable energy for power generation and adopting electric vehicles, Tucker said.