![]() According to the International Energy Agency, as of November 2021, there were nineteen DAC plants operating worldwide. Despite its critical emissions reduction role, DAC technology has been slow to scale. ![]() DOE recognizes DAC’s short-term role to offset emissions from sectors that are difficult and expensive to decarbonize like heavy industry and aviation, and its long-term role to remove legacy greenhouse gas emissions. CDR effort with Carbon Negative Shot-a decade-long initiative to fund and scale CDR technology to reduce the cost of capture and sequestration to under $100 per metric ton of carbon dioxide equivalent. The Intergovernmental Panel on Climate Change’s 2022 report on climate change mitigation concluded “the deployment of CDR to counterbalance hard-to-abate residual emissions is unavoidable if net zero CO2 or GHG emissions are to be achieved.” DOE is leading the U.S. Once captured, the carbon dioxide can be permanently sequestered in geologic formations or used (e.g., for enhanced oil recovery, to strengthen concrete or as a feedstock for synthetic fuels).Ĭarbon dioxide removal (“CDR”) strategies, including DAC technology, are becoming increasingly central to the administration’s energy transition efforts. DAC uses technology to capture carbon dioxide from the ambient air. The infrastructure bill appropriates $3.5 billion for the project during the next five years (fiscal years 2022–2026). Department of Energy (“DOE”) released a notice of intent to fund the 2021 Infrastructure Investment and Jobs Act’s program for direct air capture (“DAC”) of carbon dioxide at four regional hubs.
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