The Carbon Dioxide Transportation Infrastructure Finance and Innovation Program is designed to establish and carry out a carbon dioxide transportation infrastructure finance and innovation program.
Overview
Office:Loan Programs Office |
New Program:Yes |
Funding amount:$2,100,000,000 |
Funding Mechanism:Loan / Grant |
Recipients:State / Local / Public Authority |
Period of Availability:Available until expended |
More Information
Projects that—
- are large-capacity, common carrier infrastructure;
- have demonstrated demand for use of the infrastructure by associated projects that capture carbon dioxide from anthropogenic sources or ambient air;
- enable geographical diversity in associated projects that capture carbon dioxide from anthropogenic sources or ambient air, with the goal of enabling projects in all major carbon dioxide-emitting regions of the United States; and
- are sited within, or adjacent to, existing pipeline or other linear infrastructure corridors, in a manner that minimizes environmental disturbance and other siting concerns.
Estimated application opening date, 4th quarter 2022.
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