U.S. federal funding for research, development, and demonstration (RD&D) for carbon removal technologies has increased considerably in recent years. Between 2009 and 2019, the government invested approximately 10 million U.S. dollars for RD&D for carbon removal technologies, but by 2022 this had risen to almost 130 million U.S. dollars.
Federal funding for research, development, and demonstration for carbon removal technologies in the United States from 2009 to 2022
(in million U.S. dollars)
Figures only include carbon removal RD&D funding to the U.S. Department of Energy through annual appropriations; additional funding for direct air capture came through the Bipartisan Infrastructure Law including $3.5 billion over five years for DAC hubs and $115 million for DAC technology prizes.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
WRI, & Systems Change Lab. (October 25, 2022). Federal funding for research, development, and demonstration for carbon removal technologies in the United States from 2009 to 2022 (in million U.S. dollars) [Graph]. In Statista. Retrieved November 23, 2024, from https://www.statista.com/statistics/1341814/rdandd-funding-for-carbon-removal-united-states/
WRI, und Systems Change Lab. "Federal funding for research, development, and demonstration for carbon removal technologies in the United States from 2009 to 2022 (in million U.S. dollars)." Chart. October 25, 2022. Statista. Accessed November 23, 2024. https://www.statista.com/statistics/1341814/rdandd-funding-for-carbon-removal-united-states/
WRI, Systems Change Lab. (2022). Federal funding for research, development, and demonstration for carbon removal technologies in the United States from 2009 to 2022 (in million U.S. dollars). Statista. Statista Inc.. Accessed: November 23, 2024. https://www.statista.com/statistics/1341814/rdandd-funding-for-carbon-removal-united-states/
WRI, and Systems Change Lab. "Federal Funding for Research, Development, and Demonstration for Carbon Removal Technologies in The United States from 2009 to 2022 (in Million U.S. Dollars)." Statista, Statista Inc., 25 Oct 2022, https://www.statista.com/statistics/1341814/rdandd-funding-for-carbon-removal-united-states/
WRI & Systems Change Lab, Federal funding for research, development, and demonstration for carbon removal technologies in the United States from 2009 to 2022 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1341814/rdandd-funding-for-carbon-removal-united-states/ (last visited November 23, 2024)
Federal funding for research, development, and demonstration for carbon removal technologies in the United States from 2009 to 2022 (in million U.S. dollars) [Graph], WRI, & Systems Change Lab, October 25, 2022. [Online]. Available: https://www.statista.com/statistics/1341814/rdandd-funding-for-carbon-removal-united-states/
