Industrial Decarbonization Will Help the Climate and Strengthen U.S. Manufacturing and Communities
The U.S. Department of Energy’s investments into industrial decarbonization projects is the largest in U.S. history.
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Cody Sullivan
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Email: cody.sullivan@tnc.org
The U.S. Department of Energy (DOE) today announced funding for 33 industrial decarbonization projects across more than 20 U.S. states. The funding for these projects comes from the Inflation Reduction Act and Investment and Infrastructure Jobs Act. According to the DOE, these projects will reduce more than 14 million metric tons of carbon dioxide each year.
“Today’s industrial decarbonization announcement is an exciting moment in the clean energy transition,” said Laura Brannen, senior policy advisor and federal climate policy lead at The Nature Conservancy. “The industrial sector is responsible for roughly one-third of U.S. emissions. But because of how much energy a lot of industries require, it’s hard to make a quick switch to clean energy sources. By investing in these demonstration projects and emerging technologies, the Department of Energy is helping set the industrial sector up for a sustainable future that will strengthen U.S. manufacturing while also benefitting the climate and our communities.
“We’re particularly happy to see the broad range of industries that the selected projects represent. Each industry faces its own decarbonization challenges. Funding projects for each one will allow the entire industrial sector to help reach a clean energy future instead of just bits and pieces of it. We need an economy-wide approach to the clean energy transition. The Department of Energy’s approach to industrial decarbonizations is a good example of how we can accomplish that.
“While we don’t yet know all of the information for each project or what will be included in the community benefits plans, we’re looking forward to seeing the details and supporting these projects and communities. Industrial decarbonization can create thousands of new jobs and provide cleaner air and water in communities that face historic and ongoing marginalization and environmental injustices. We need to ensure that communities actually receive those benefits. We're excited about the opportunity today’s announcement provides to do that and are eager to help.”
The Nature Conservancy is a global conservation organization dedicated to conserving the lands and waters on which all life depends. Guided by science, we create innovative, on-the-ground solutions to our world’s toughest challenges so that nature and people can thrive together. We are tackling climate change, conserving lands, waters and oceans at an unprecedented scale, providing food and water sustainably and helping make cities more sustainable. The Nature Conservancy is working to make a lasting difference around the world in 77 countries and territories (41 by direct conservation impact and 36 through partners) through a collaborative approach that engages local communities, governments, the private sector, and other partners. To learn more, visit nature.org or follow @nature_press on X.