CANADA'S LEADING INFORMATION SOURCE FOR THE METALWORKING INDUSTRY

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CANADA'S LEADING INFORMATION SOURCE FOR THE METALWORKING INDUSTRY

CANADA'S LEADING INFORMATION SOURCE FOR THE METALWORKING INDUSTRY

Biden administration announces $6 billion to slash industrial emissions

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The industrial sector in the US generates roughly a quarter of the nation’s greenhouse gas (GHG) emissions and is difficult to decarbonize due to its energy-intense, large scale operations in industries such as iron, steel, and aluminum. The new funding targets those industries. PHOTO by Pexels.

In what is being hailed as the largest-ever US investment to decarbonize domestic industry, the Biden administration has committed to $6 billion in funding for projects to reduce emissions from the country’s industrial sector, the Associated Press reports.

The industrial sector in the US generates roughly a quarter of the nation’s greenhouse gas (GHG) emissions and is difficult to decarbonize due to its energy-intense, large scale operations in industries such as iron, steel, and aluminum.  The funding targets those industries along with concrete and cement facilities, another major contributor to GHG emissions which has proven difficult to decarbonize to this point.

The funding comes from the Inflation Reduction Act and the Bipartisan Infrastructure Law and includes 33 demonstration projects in more than 20 states.

The funding aims to eliminate 14 million metric tonnes of pollution each year, equivalent to taking about 3 million cars off the road.

Associated Press reports that Energy Secretary Jennifer Granholm said that the technologies being funded are “replicable,” “scalable,” and will “set a new gold standard for clean manufacturing in the United States and around the world.”

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