The Department of Energy (DOE) invested $1.1 billion in carbon capture and storage (CCS) projects, many of which were unsuccessful or canceled, over the last decade, according to a federal watchdog report.
The DOE’s $684 million investment in coal CCS projects resulted in just one operational facility and seven canceled projects, according to the Government Accountability Office (GAO) report published in late December. One of three facilities that received a share of the department’s $438 million investment in industrial CCS projects was also nixed.
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