Energy Department Allocates $625M from Carbon Capture Funds to Coal Power Programs
CARBON CAPTURE
The Energy Department is allocating $625 million to coal-focused programs aimed at modernizing coal facilities, utilizing funds from carbon capture technology initiatives. This decision follows the cancellation of previously selected carbon capture projects by Secretary Chris Wright, allowing coal plants to receive federal support for upgrades without a mandatory commitment to future carbon capture implementation.
Jan 3, 2026, 9:24 AM
