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Industrial Decarbonization Program: Difference between revisions
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{{ | {{<span class="error">Expansion depth limit exceeded</span>|ProgramName=Industrial Decarbonization Program | ||
|ProgramName=Industrial Decarbonization Program | |||
|ProgramType=Program | |ProgramType=Program | ||
|OrgSponsor=Office of Clean Energy Demonstrations | |OrgSponsor=Office of Clean Energy Demonstrations | ||
|TopOrganization=Department of Energy | |TopOrganization=Department of Energy | ||
|CreationLegislation=Inflation Reduction Act | |CreationLegislation=Inflation Reduction Act | ||
|Purpose=To accelerate the reduction of carbon emissions from industrial processes by supporting the development, demonstration, and deployment of innovative technologies. It aims to make U.S. industry cleaner, more competitive, and aligned with climate goals.< | |Purpose=To accelerate the reduction of carbon emissions from industrial processes by supporting the development, demonstration, and deployment of innovative technologies. It aims to make U.S. industry cleaner, more competitive, and aligned with climate goals.<span class="error">Expansion depth limit exceeded</span> | ||
|Website=https://www.energy.gov/oced/industrial-decarbonization | |Website=https://www.energy.gov/oced/industrial-decarbonization | ||
|ProgramStart=2023 | |ProgramStart=2023 | ||
|InitialFunding=$6.3 billion< | |InitialFunding=$6.3 billion<span class="error">Expansion depth limit exceeded</span> | ||
|Duration=Indefinite | |Duration=Indefinite | ||
|Historic=No | |Historic=No | ||
}} | }} | ||
'''Industrial Decarbonization Program''' is designed to support the transition of energy-intensive industries towards lower carbon footprints through the development, demonstration, and deployment of innovative decarbonization technologies. By fostering technological advancements, this program seeks to decrease industrial emissions, enhance competitiveness, and contribute to the U.S. meeting its climate objectives.< | '''Industrial Decarbonization Program''' is designed to support the transition of energy-intensive industries towards lower carbon footprints through the development, demonstration, and deployment of innovative decarbonization technologies. By fostering technological advancements, this program seeks to decrease industrial emissions, enhance competitiveness, and contribute to the U.S. meeting its climate objectives.<span class="error">Expansion depth limit exceeded</span> | ||
{{ | {{<span class="error">Expansion depth limit exceeded</span>|url=https://www.energy.gov/oced/industrial-decarbonization}} | ||
==Goals== | ==Goals== | ||
* Reduce greenhouse gas emissions from hard-to-abate sectors like steel, cement, and chemicals.< | * Reduce greenhouse gas emissions from hard-to-abate sectors like steel, cement, and chemicals.<span class="error">Expansion depth limit exceeded</span> | ||
* Demonstrate and scale up innovative decarbonization technologies. | * Demonstrate and scale up innovative decarbonization technologies. | ||
* Promote job creation and economic benefits in the transition to clean industry. | * Promote job creation and economic benefits in the transition to clean industry. | ||
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==Funding== | ==Funding== | ||
The program was initially allocated $6.3 billion for its first funding round.< | The program was initially allocated $6.3 billion for its first funding round.<span class="error">Expansion depth limit exceeded</span> This funding supports projects that can significantly reduce industrial emissions, with a cost-sharing model to leverage private investment. | ||
==Implementation== | ==Implementation== | ||
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[[Category:Programs and initiatives]] | [[Category:Programs and initiatives]] | ||
[[Category:Department of Energy]] | [[Category:Department of Energy]] | ||