Up to $1.2 billion in funding for handling "legacy" carbon emissions.
On Friday, the US Department of Energy announced that it chose the first two sites to host facilities that will pull carbon dioxide out of the atmosphere and permanently store it underground. The sites in Louisiana and Texas will be funded by money set aside in the bipartisan infrastructure bill that was passed early in President Biden's term in office. They represent a major step for the US, as they're not linked to a specific source of carbon emissions, and the CO2 they capture won't be used for extracting fossil fuels.
I wonder how much carbon is emitted powering these devices compared to how much carbon they actually capture. I’ve heard that ratio isn’t great, but don’t have any direct sources, just read it in a comment somewhere.