The U.S. Department of Energy (DOE) has stated that it plans to provide grants to several projects related to geologic carbon storage.
The DOE's Office of Fossil Energy and Carbon Management announced that it was collaborating to fund research and advancement that would further the utilization of carbon capture and storage (CCS) and carbon dioxide removal (CDR), which are principle factors of President Biden’s goal of achieving net-zero carbon emissions by 2050.
The DOE’s Carbon Storage Assurance Facility Enterprise will choose the prospective projects with a strategy aimed at constructing geologic storage sites that can store over 50 million metric tons of carbon dioxide (CO2).
“CDR technologies remove CO2 directly from the atmosphere, and CCS technologies reduce CO2 emissions from power plants and industrial facilities by capturing the CO2 they produce,” according to the press release. “That CO2 can then be transported to safe and permanent storage in deep geological reservoirs.”
A Twitter user by the name of Mylo stated that the initiative was a safe way to reign in carbon, along with constructing geologic storage sites.
"The potential projects will be selected under the @ENERGY's...#CarbonSAFE Initiative, which focuses on developing geologic storage sites with capacities to store at least 50+ million metric tons of #CarbonDioxide," he posted.
