The US is set to cancel funding for two major direct-air capture plants

The list notes that around $50 million in funding has been terminated for both projects, the initial tranche of Department of Energy (DOE) funding for each development. Each was set to receive about $500 million, according to a DOE announcement last year. 

It’s not immediately clear if the termination of the initial grants also means the full funding will also be canceled.

Battelle and 1PointFive didn’t immediately respond to inquiries from MIT Technology Review. Nor did the Department of…