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<header><h1>U.S. federal funding for carbon removal tech skyrockets</h1><a href="" rel="author"></a><span class="title"></span><time rel="pubdate" datetime="2022-01-05T00:00:00-05:00">Jan 5, 2022</time></header><p>The big increase in funding beginning this year reflects the infrastructure law’s appropriations for carbon removal technologies.</p><p>This includes the $3.5 billion in <a href="https://carbon180.medium.com/dac-on-track-in-180-days-85c73c0f9bc5?utm_source=hs_email&utm_medium=email&_hsenc=p2ANqtz-_nfj5SgLHCpN7bZ3ghNNc1K9hObN5XA4Q5TXlnkYbn44UHhinvLjaWuOu3sQE2zcJTKRcz" target="_blank" rel="noopener" data-ac-default-color="1" data-hs-link-id="0">Energy Department funding</a> on an annual basis in the coming years.</p><p>The Build Back Better proposal, whose fate as currently constructed remains uncertain, includes tax incentives the industry considers critical to its long-term success.</p>
U.S. federal funding for carbon removal tech skyrockets
by -
January 5, 2022
The big increase in funding beginning this year reflects the infrastructure law’s appropriations for carbon removal technologies. This includes the $3.5 billion in Energy Department funding on an annual basis in the coming years. The Build Back Better proposal, whose fate as currently constructed remains uncertain, includes tax incentives the industry considers critical to its long-term success.