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Greenhouse Gas Reduction Fund advances with potential grants for thousands of projects, including half set for low-income and disadvantaged areas, but House GOP has already signaled intent to repeal it.
Giant 10-year O&M contract combines functions of two awards originally planned—one to manage millions of gallons of radioactive waste stored underground at the former weapons site and the other to operate its multi-billion-dollar waste treatment plant awaiting startup.
With Senate hearings due on possible legislation to speed up federal review and permitting for construction projects, a coalition of construction and other business groups is pushing the case for bipartisan legislation to meet that goal.
DOE Chief Jennifer Granholm told Columbia U. summit the president is "obsessed" with project permit reform and expedited approvals—as G7 climate ministers agreed April 16 to pursue common goal of net zero through "various pathways," while still supporting natural gas development.
Estimated $750-million to $950-million project set to be built on an Occidental Petroleum site in Texas would remove 860,000 tons of carbon dioxide a year by capturing it and storing it underground.
Bechtel-led construction of $13.6B Driftwood export terminal could be advanced by developer Tellurian's decision to sell large part of the site to an unnamed investor and lease it back for 40 years.
KBR confirmed energy firm Equinor letter of intent for design of giant floating structure, along with Canada-based Hatch, with final investment decision possible in late 2024.