The Biden administration wants to shove more money into projects that are supposed to capture CO2 emissions from power plants and industrial facilities before they can escape and heat up the planet. But carbon capture technologies that the Department of Energy has already supported in the name of tackling climate change have mostly fallen flat, according to a recent report by the watchdog Government Accountability Office. — The Verge
According to the report, the Department of Energy (DOE) has invested about $1.1 billion in 11 carbon capture and storage (CCS) demonstration projects since 2009. Of those, only three were ever built, however, the sole participating coal plant shut down in 2020, leaving only two industrial projects in operation.
The U.S. Government Accountability Office (GAO) suggests that Congress consider implementing a mechanism for greater oversight and accountability of DOE CCS demonstration project funding. GAO also recommends that the DOE improve its project selection and negotiation processes and that they should establish more consistent scopes, schedules, and budgets for projects.
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