The U.S. Department of Energy's Office of Fossil Energy and Carbon Management awarded a $31,747,512 Cooperative Agreement to BP Carbon Solutions LLC on October 1, 2024 under the Fossil Energy Research and Development (CFDA 81.089) federal grant program. The funding supports the development of "Project Crossroads", a carbon dioxide sequestration complex that will provide a storage solution to decarbonize major industrial greenhouse gas emissions in the northwestern Indiana region. The project aims to advance carbon capture and storage technologies to minimize the environmental impacts of fossil fuels and support the transition to a low-carbon economy, aligning with the broader objectives of the Fossil Energy Research and Development program.
Generated 3/18/25, 3:27 AM