US Launches $6 Billion Program to Slash Manufacturing Emissions

The US is offering $6 billion in funding to decarbonize industrial manufacturing that accounts for 24% of the country’s greenhouse gas emissions, a critical step in the Biden Administration’s effort to reach a carbon-free economy by 2050.

The Energy Department’s Industrial Demonstrations Program will provide up to 50% of the the cost of first-of-a-kind or early-stage projects aimed at stripping carbon dioxide from the production of concrete, steel, chemicals and other energy-intensive materials, according to a statement Wednesday. A dozen states are supporting the effort by pledging to use the low-carbon infrastructure products in state-funded projects.

While utilities are ...