Joe Biden

The Biden administration announced it will distribute up to $6 billion to curb planet-warming emissions in some of America’s most polluting industries, including chemical, metal and cement operations. The awards, which the administration called the “largest investment in industrial decarbonization in American history,” are aimed at both advancing the administration’s climate goals and boosting domestic manufacturing. …A total of 33 projects in more than 20 states are slated to receive federal funding, ranging from $20 million to $500 million. The administration expects to leverage an additional $14 billion in private-sector investment. “These projects offer solutions to slash emissions in some of the highest emitting sectors of our economy, including iron and steel, aluminum, cement, concrete, chemicals, food and beverages, pulp and paper,” Energy Secretary Jennifer M. Granholm said. “Together, these industries make up roughly a third of our CO2 emissions of our carbon footprint.”