Climate in Numbers: 1.2 billion for DAC projects in the US

The US government approved 1.2 billion US dollars in grants for two projects to extract carbon dioxide (CO2) from the air (Direct Air Capture – DAC). An Occidental Petroleum subsidiary and a consortium of Climeworks, Battelle and Heirloom Carbon Technologies will receive the grants to advance DAC technology and build two commercial DAC plants. The funds will come from a 3.5 billion US dollar fund to develop DAC technology.