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Technology 20 May 2022 | 8:03 AM

U.S. launches $3.5 billion program to speed development of up carbon removal tech

WASHINGTON (Reuters) - The U.S. Energy Department launched a program on Thursday to fund four large-scale projects across the country that can remove carbon dioxide from the air, investing $3.5 billion in a nascent technology the Biden administration says is necessary to meet a goal of achieving net zero emissions by mid century.