Press Release
☷Biden Harris Administration Announces $6 Billion to Transform America s Industrial Sector Strengthen Domestic Manufacturing and Slash Planet Warming Emissions
U.S. Department of Energy ( By Press Release office)
Mar 27,2024
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President Biden ' s plan to invest in America includes the biggest - ever effort to reduce industrial emissions and promote clean energy . The U . S . Department of Energy is providing up to $6 billion for projects across multiple states to decarbonize energy - intensive industries and create jobs . The projects will target industries with the highest emissions , such as metals , cement , chemicals , and steel . The goal is to reduce over 14 million metric tons of CO2 emissions each year , equivalent to the annual emissions of 3 million cars . This investment will position American manufacturers and workers as leaders in the global clean energy economy , while also supporting local economies and creating high - quality jobs . As part of President Biden ' s efforts to create a fair and inclusive clean energy future , each project is expected to create a Community Benefits Plan that involves the community and labor . About 80% of the projects are in disadvantaged communities , giving us a great opportunity to invest in jobs and clean air for communities that have been neglected for years . The industrial sector is responsible for a big chunk of the country ' s greenhouse gas emissions . This federal investment , combined with the projects ' own funding , will help us find solutions to reduce emissions and move towards zero emissions . The projects will reduce carbon emissions by an average of 77% . Decarbonizing the industrial sector is a tough challenge , so we ' re exploring different options like energy efficiency , electrification , and clean fuels . These projects are part of the Industrial Demonstrations Program , managed by the DOE ' s Office of Clean Energy Demonstrations , and will make our manufacturing and industrial sector more competitive . The funding for these projects comes from the Bipartisan Infrastructure Law and the Inflation Reduction Act . The 33 selected projects represent industries that are difficult to decarbonize , including chemicals , refining , cement , concrete , iron and steel , aluminum and metals , food and beverage , glass , process heat , and pulp and paper . The chemicals and refining projects aim to turn their carbon emissions into an advantage , create circular supply chains for clean fuels and electric vehicle components , and produce high - quality products from recycled materials . Some of the products they plan to create include clean fuels for the marine sector , electrolytes for electric vehicle batteries , and high - quality plastics . Aluminum and Metals: The five chosen projects for aluminum and metals will receive substantial funding to decarbonize and revitalize the primary aluminum industry in the US . This includes implementing world - leading recycling techniques for aluminum and copper . These investments aim to revive a sector that has been in decline for decades . The goal is to improve the competitiveness and efficiency of the US industry while also reducing carbon emissions and bringing supply chains for critical materials back to the country . The selected projects will produce high - purity aluminum for defense and energy sectors , recycled aluminum for the food and beverage industry , and copper for semiconductors and electric vehicles . Food and Beverage: The three selected projects for the food and beverage industry will showcase energy - efficient and electrification solutions for low - to medium - temperature process heat . These projects , which will be implemented in 16 locations , can raise awareness among consumers about the embodied emissions in everyday products like ice cream , ketchup , and BBQ sauce . By decarbonizing the production of these items , these projects have the potential to make a significant impact on reducing emissions in the food and beverage industry . Iron and Steel: The six selected projects for iron and steel will demonstrate innovative technologies , including clean hydrogen - fueled facilities for direct reduced ironmaking . These technologies have the potential to significantly reduce emissions from steel production . By adopting these new methods , the industry can move away from carbon - intensive production methods that rely on coal . This investment will not only help decarbonize iron and steelmaking but also enable the production of high - quality steel for the automotive industry . It will solidify the United States ' position as a global leader in low - carbon iron and steel products . Pulp and Paper: The chosen pulp and paper project aims to improve energy efficiency by using a new membrane for a separations process instead of heat . This technology can be replicated for many applications , including chemicals and important materials . Process Heat: These two projects are going to test out the use of electric boilers and electric steam production to decrease emissions from process heating in various industries . By showing that this can work in different sectors , these projects will pave the way for tackling one of the industrial sector ' s biggest challenges—emissions from heat . To start discussions about these projects , OCED will hold virtual briefings at a national and regional level . These briefings will provide information about the selected projects and give industry and communities a chance to engage further . Find out more about these engagement opportunities and register to attend . Selection for negotiations does not guarantee funding . Before funding is provided , DOE and the chosen applicants will go through a negotiation process , and DOE has the right to cancel negotiations and rescind the selection for any reason . The lead applicants may also change during the negotiation process . Building an Inclusive Clean Energy Future: The Biden - Harris administration is committed to working with communities and industries to create a fair clean energy economy that benefits all Americans . As part of this commitment , each project had to develop a comprehensive community benefits plan , which will be informed by early and meaningful engagement with the community and labor . The goal is to provide the most benefit to the most people , especially those who are disproportionately affected by industrial emissions . If these projects get the green light , OCED will assess them in stages , with checkpoints where DOE reviews progress and community benefits . Find out how OCED , the Department’s efforts for industrial decarbonization , and joint strategies support the development of technologies to reach President Biden’s goal of a net - zero emissions economy by 2050 .
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