The grant could provide up to $500,000,000.
BIL: In accordance with Section 40308 of the Bipartisan Infrastructure Law (BIL), this FOA seeks applications to develop and commercially demonstrate Regional DAC Hubs in the United States. This FOA shall provide funding for eligible projects that contribute to the development and demonstration of four (4) domestic Regional DAC Hubs to accelerate the commercialization of CO2 removal via integrated capture from the atmosphere, processing, transport, and secure geologic storage and/or conversion.
