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The U.S. Department of Energy released a plan recently which details measures to accelerate the development and reduce the cost of new and advanced technologies that avoid, reduce or capture and store greenhouse gas emissions.
The Climate Change Technology Program (CCTP) Strategic Plan organizes roughly $3 billion in federal spending for climate technology research, development, demonstration, and deployment to reduce greenhouse gas emissions and increase economic growth. It provides a long-term planning context, taking into account many uncertainties, and establishes principles for formulating research and development portfolios to identify areas for reductions in greenhouse gas emissions and highlights an array of technology strategies and investment criteria, according to the DOE Web site.
The Plan sets six goals: (1) reducing emissions from energy use and infrastructure; (2) reducing emissions from energy supply; (3) capturing and sequestering carbon dioxide; (4) reducing emissions of other greenhouse gases; (5) measuring and monitoring emissions; and (6) bolstering the contributions of basic science to climate change. The Plan outlines approaches toward attaining these goals, articulates underlying technology development strategies, and identifies a series of next steps toward implementation.