The money will fund four major umbrella programs that include a variety of projects to capture CO2 from the air and factories and then store it, the Department of Energy said in a statement
This undated handout image shows the carbon sequesterization unit at American Electric Power Company's Mountaineer Plant near New Haven, West Virginia. A looming government clampdown on CO2 emissions is about to confront an already embattled U.S. coal power industry with two stark options: capture carbon or die. Legislation from Congress or tough new regulatory demands could make it costly to spew greenhouse gases, posing a serious threat to the nation's coal-fired power plants. (Credits: REUTERS/Tom Dubanowich/Handout)