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policy instrument
Direct Air Capture Hub Competition
Jurisdiction countryUnited States
Instrument typegrant-rd
Authoritygovernment
PathwaysDirect air capture
Scopecarbon removal only
Statusfunded
Parent instrument idus-doe-dac-hubs
DetailCreated in 2021 by the Infrastructure Investment and Jobs Act. DOE established a multi-billion dollar competition to support creation of four DAC (direct air capture) clusters, with two clusters required to be in economically distressed communities in fossil fuel-producing regions. First round awards expected August 2023; remainder of funding to be offered in second competition in 2024. Projects e
Monetary note$3.5 billion total program; first round distributing $1.2 billion across at least 13 projects; individual awards between $3 million and $500 million in matching funds
Stated statusfunded
Pathway scopespecific
Pathway notemulti-billion dollar competition to support creation of four DAC clusters
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