President Biden has laid out a bold and ambitious goal of achieving net-zero carbon emissions in the U.S. by 2050. The pathway to that target includes cutting total greenhouse gas emissions in half by 2030 and eliminating them entirely from the nation’s electricity sector by 2035. Meeting those objectives will require investing in technology research, design, development, and deployment, including investments in carbon capture at point sources as well as carbon dioxide removal approaches that target accumulated atmospheric carbon.
These approaches are critical to achieving net-zero and must be deployed in parallel, which will require the use of resources including land, water, and in some cases, low-carbon energy. Therefore, carbon capture and storage and carbon dioxide renewal technologies must be deployed strategically in terms of regional goals and requirements. The Office of Fossil Energy and Carbon Management will play an important role in the transition to net-zero carbon emissions by reducing the environmental impacts of fossil energy production and use – and helping decarbonize other hard-to abate sectors – through investments in technology solutions including CCS, direct air capture, and the deployment of carbon capture technologies to produce low-carbon products and fuel, including hydrogen.