Investment

In October 2025, the Trump administration cancelled over $1.2 billion in federal funding for the two flagship US Direct Air Capture hubs — Project Cypress in Louisiana and the South Texas DAC Hub. It was the single largest withdrawal of public capital from the CDR sector in history. The fallout is still shaping the market today. What Changed The Biden administration spent 2021-2024 building DAC as a standalone climate industry. The Bipartisan Infrastructure Law and Inflation Reduction Act provided the architecture: direct federal co-funding for first-of-a-kind commercial facilities, designed to prove that DAC can work at scale and attract private capital. ...

The International Energy Agency just dropped a data point that the carbon removal industry has been waiting for: CDR is officially one of the seven emerging energy sectors that have offset the decline in EV venture funding since 2021. In its State of Energy Innovation 2026 report, the IEA maps the full innovation pipeline — from early research to commercial-scale demonstration — and carbon removal sits alongside nuclear, next-gen geothermal, and critical minerals as the new magnets for venture capital. ...