Hello again, everyone. It’s been a rich and full agenda, so I will be brief in my closing.

  • Thank you for joining us today.  What an extraordinary turnout for a great event—over 2,500 attendees registered.
  • I want to start by thanking all of our speakers for their contributions and for making this first-ever Carbon Negative Shot Summit a success.
  • Also, thanks to Secretary Granholm, Deputy Secretary Turk and Undersecretary Richmond for taking part in the event today and for their leadership and support of the Carbon Negative Shot initiative.
  • I also want to recognize Senator Whitehouse, Congressman Peters and Secretary Wagner for committing the time to be with us and their efforts to advance carbon dioxide removal in Congress and at the state level.
  • And a special thanks to my colleague Principal Deputy Assistant Secretary Jen Wilcox who has been the driving force for carbon dioxide removal at DOE and long before she joined the Department.
  • Finally, there is always someone whose daily responsibility is to make an event like this succeed, so huge thanks to Cyrus Kian on our DOE team.
  • I hope you come away from this event today with an appreciation of the full scale and scope of the Department of Energy’s efforts, in partnership with other agencies, to develop, demonstrate and deploy carbon removal technologies.
  • And I hope you are inspired by the fact that this effort across the federal government is reinforced by growing interest, commitment and resources from industry, key stakeholders and communities across our nation.
  • Finally, I hope you have a sense of the historic opportunity provided by the Bipartisan Infrastructure Law. This is the most important energy and climate legislation in a generation, providing $62 billion for DOE overall, $12 billion in funding for carbon management broadly, and nearly $4 billion for direct air capture and other carbon removal strategies.
  • Thanks to this legislation, we’re well-positioned to have globally transformative carbon dioxide removal projects in the pipeline.  And, for the first time, the infrastructure law significantly expands traditional research and development programs and funding to encompass large-scale demonstration and deployment.
  • This means that we will have CDR technologies reaching commercial scale over the next decade, allowing us to ramp up carbon removal between now and midcentury to tackle the hardest-to-decarbonize sectors of our economy and eventually remove legacy CO2 emissions from the atmosphere.
  • But this is not just about technology and innovation; it’s about measurably improving people’s lives and the communities they live in, especially those communities where citizens have borne a disproportionate burden of pollution and inequity for generations.
  • And it’s about opportunity – the opportunity to maintain and create high quality jobs that pay above prevailing wages and support families, communities, and regions.
  • The Department’s forthcoming $3.5 billion funding opportunity announcement for four large-scale, regional direct air capture hubs, and other carbon management programs funded by the BIL, will include specific guidance to applicants regarding how to incorporate community engagement, environmental justice and equity, and quality jobs and workforce development into projects supported by DOE. And applicants will be scored on those economic, social and environmental considerations.
  • To sum up, what we’re doing on carbon dioxide removal through the Carbon Negative Shot is transformational – for our climate, for our economy, for works and for communities across America.
  • In closing, I want to reiterate Secretary Granholm’s call this morning for an all-hands-on-deck effort that brings together everyone’s expertise and contributions—from industry, research institutions, communities, NGOs, labor, and state, local and Tribal governments.  We need your passion, your commitment and, above all, your action.
  • So, thank you again for joining us today, and we look forward to working with you as we move ahead to implement the Carbon Negative Shot.

Thank you.