US needs more CO₂ infrastructure
US eyes funding to scale up CO₂ transport system
Buildout of infrastructure over next decade needed to keep pace with rapid growth of country’s CCS sector
The US Department of Energy (DOE) has signalled its intent to offer funding to support the expansion of CO₂ transportation infrastructure to meet “rapidly growing” demand from the country’s CCS industry. The DOE expects to issue a funding opportunity announcement in the fourth quarter of 2023. The funding would be made available through the Bipartisan Infrastructure Law for DOE’s CO₂ Transportation Infrastructure Finance and Innovation Future Growth Grants programme. The US’ carbon transport system is already of significant scale—including multiple methods such as truck, freight, and pipelines that together transport c.60m t/yr of CO₂. But CCS projects in the US are predicted to capture and
Also in this section
13 December 2024
Prices in world’s largest compliance market have risen this year but remain below those seen in the EU
11 December 2024
Policymakers need to step up with a long-term, global strategy if the energy transition is ever to be a success
11 December 2024
CCUS and other carbon management technologies are gaining traction around the world, but heightened policy risk and other pressures will make 2025 a challenging year in some regions
10 December 2024
Tightened standards have helped improve the outlook for the voluntary carbon market, which is set for a record year and poised for long-term growth
