US Carbon Capture Projects Cancellation
Sector: Steel • Location: United States
Source: Energy News
The US Department of Energy cancelled 24 carbon capture and emission reduction projects funded under the Biden administration, totaling $3.7 billion in federal subsidies. The projects were deemed uneconomic and not aligned with national energy priorities, affecting companies like Calpine and ExxonMobil, and sectors including cement, chemical, steel, and mining.
- Status
- Closed
- Sector
- Steel, Chemical (Industrial), Manufacturing (Industrial), Metal, Government
- Location
- United States of America
- Updated
- 22 Jul 2026
- Source
- Energy News
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Project Information
Participants
Sponsoring Agency |
Status
Original status | Cancelled |
Taiyo status | Closed |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | The US Department of Energy cancelled 24 carbon capture and emission reduction projects funded under the Biden administration, totaling $3.7 billion in federal subsidies. The projects were deemed uneconomic and not aligned with national energy priorities, affecting companies like Calpine and ExxonMobil, and sectors including cement, chemical, steel, and mining. |
Original sector | Energy |
Budget |
Location
Country | United States of America (USA) |
Source
Source | Energy News |
URL |
More Details
Record type | Project |
Sector | Steel, Chemical (Industrial), Manufacturing (Industrial), Metal, Government |
Article published date | 2025-06-04 |
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