U.S. Energy Department to commit $2.25 bln to carbon storage program

Written by on May 5, 2022

WASHINGTON, May 5 (Reuters) - The U.S. Department of Energy intends to commit $2.25 billion for projects to store carbon dioxide underground and help fight climate change, it said on Thursday.

The funding for carbon storage validation and testing over the next five years will come from the bipartisan infrastructure bill signed by President Joe Biden last year.



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