BAKERSFIELD, Calif.--(BUSINESS WIRE)--Aera Energy LLC announced today that the U.S. Department of Energy (DOE) awarded Aera Federal LLC a $2.8 million cooperative agreement contract as part of the department’s Regional Direct Air Capture (DAC) Hubs Initiatives, which aim to demonstrate the capture, processing, delivery, and storage or end-use of captured carbon. The award will help fund a feasibility study to establish the viability of DAC as a business and technology for large-scale California...
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