Biden Administration Announces Record $6B Investment to Decarbonize Major Industries and Cut 14M Tons of Emissions

$6 billion investment announced for 33 projects across 20 states to decarbonize energy-intensive industries and reduce emissions
Projects expected to reduce 14 million metric tons of CO2 emissions per year, equivalent to taking 3 million gasoline cars off the road
Largest federal investment in industrial decarbonization in U.S. history, matched by over $20 billion in total project investments
Projects cover major emission sources like chemicals, concrete, steel, aluminum, food, and more
Projects required to have Community Benefits Plans ensuring jobs, environmental justice, and stakeholder engagement