US backs DAC with $3.5bn hub fund

Department of Energy launches programme to support development of four regional demonstration hubs for direct air capture at commercial scale

The US Department of Energy (DoE) has committed $3.5bn to support the development of four regional hubs to demonstrate direct air capture (DAC) technology at commercial scale. The hubs are expected to have the potential to capture and permanently store at least 1mn t/yr of CO₂, either in geologic formations or through conversion into other products. The first funding round under the programme, launched this week, makes more than $1.2bn available to begin the process for the design, planning, construction and operation of DAC hubs. $3.7bn – Total funding for CO₂ removal industry “No matter how fast we decarbonise the nation’s economy, we must tackle the legacy pollution already in our

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