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hatrack

(64,827 posts)
Tue Mar 24, 2026, 07:16 AM 9 hrs ago

Shitstain Accidently Does The Right Thing: $1 Billion In "Carbon Capture" Projects Remain In Limbo

The world’s largest carbon dioxide removal project was scheduled to break ground in Louisiana in 2025 and begin pulling climate pollution from the sky next year. But preliminary work on the $1 billion development known as Project Cypress has stalled and the companies collaborating on it have gone quiet amid uncertainty about the status of up to $550 million that the Biden-era Department of Energy awarded to the initiative.

It’s been over 500 days since an update has been posted about the project by direct air capture startups Climeworks and Heirloom Carbon Technology and the scientific nonprofit Battelle. The team’s last announcement came before the November 2024 election of President Donald Trump, who claims global warming is a “hoax” and rejects efforts to address the problem as a “scam.”


Project Cypress is designed to pull 1 million metric tons of planet-warming CO2 from the skies each year and store it permanently underground in the congressional district of House Speaker Mike Johnson. Occidental Petroleum, which plans to build a similarly massive project with $500 million in DOE funding, has also been tight-lipped about its plans to build a DAC hub in South Texas. The last time company leaders briefed investors on the development was in August 2025, when CEO Vicki Hollub said the company hadn’t yet committed to building it.

Both megaprojects now appear to be in limbo, according to two former Department of Energy officials who oversaw the agency’s direct air capture efforts under Trump and former President Joe Biden. The DOE awards, intended to reduce the financial risks of the first-of-their-kind projects, have been under review by the Trump administration since last May — with no end in sight. “DOE has not articulated a strategy for the DAC hubs” in the Trump era, said Noah Deich, the agency’s deputy assistant secretary for carbon management during the Biden administration. “The uncertainty leaves industry unable to make confident decisions about how to proceed with their projects.”

EDIT

https://www.eenews.net/articles/carbon-removal-hubs-languish-as-doe-audits-drag-on/

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