Biden Administration Commits $1.2 Billion to Transformative Direct Air Capture Technology

In efforts to combat climate change, the Biden-Harris Administration has announced an investment of $1.2 billion dedicated to launching the nation's first-ever Direct Air Capture (DAC) program. This program will launch two new demonstration projects in Texas and Louisiana to essentially vacuum carbon dioxide out of the air. Once captured, this carbon dioxide will be stored underground or used in industrial materials such as cement. This initiative, unveiled on August 11th, 2023 truly highlights the Biden administration's unwavering commitment to innovative solutions aimed at curbing greenhouse gas emissions and preserving our planet for future generations.