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Biden Administration Awards $6B Grants to Cut Emissions in Heavy Industries
The Biden administration has announced the allocation of approximately $6 billion in grants to help reduce emissions from metals, chemicals, and other hard-to-decarbonize industries. This funding includes support for the construction of the first new US aluminum smelter in 45 years. Century Aluminum Co., which was a significant beneficiary of former President Donald Trump’s trade war, is expected to receive up to $500 million for the facility. This investment aims to double the nation’s current domestic production of aluminum, a highly energy-intensive metal, while also achieving a 75% reduction in emissions. The initiative underscores the government's effort to address environmental challenges in heavy manufacturing.