Carbon Dioxide Transportation Infrastructure Finance and Innovation Program

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—

    1. are large-capacity, common carrier infrastructure;
    2. have demonstrated demand for use of the infrastructure by associated projects that capture carbon dioxide from anthropogenic sources or ambient air;
    3. 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
    4. 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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