Tag Archives: american jobs plan

DOE Invests in Direct Air Capture Projects to Reduce Atmospheric Carbon Dioxide; Jennifer Granholm Quoted

Department of Energy

Department of Energy will invest $12 million in six research and development projects on technology designed to reduce carbon dioxide in the atmosphere. Awardees will use these funds to develop direct air capture technology, as the Biden administration seeks to achieve net-zero emissions by 2050, DOE said Tuesday.

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Senate Passes $250B US Competitiveness Bill to Advance Research, Tech Development

Capitol Hill

The Senate voted 68-32 to pass the Innovation and Competition Act, a bipartisan bill to authorize nearly $250 billion for scientific research, technology development and manufacturing efforts meant to increase U.S.' global competitive position. The bill would allocate a five-year. $29 billion budget to establish a technology and innovation directorate within the National Science Foundation (NSF). 

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Biden Administration Seeks to Invest in Infrastructure Upgrades, Revitalize Manufacturing Under $2T American Jobs Plan

White House

The Biden administration has unveiled a plan to invest $2 trillion in infrastructure projects and job creation initiatives as part of efforts to rebuild the U.S. economy and compete with China. The administration also proposed the Made in America Tax Plan that seeks to implement corporate tax changes to raise money and help pay for investments stipulated in the American Jobs Plan. 

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