Overview

• Energy officials confirmed termination of about $7.56 billion across 223 projects, including at least 10 direct air capture hubs funded under Biden-era programs.
• Lists reviewed by multiple outlets indicate roughly $12 billion in additional cancellations under consideration, which would push targeted cuts to nearly $24 billion when combined with prior actions.
• Two flagship DAC hubs — Occidental’s 1PointFive project in South Texas and the Battelle-led Project Cypress in Louisiana — appear on the list with initial $50 million tranches noted as terminated, though several developers say they have not received formal notices.
• The prospective cuts extend beyond carbon removal to hydrogen hubs and EV manufacturing, with reports flagging more than $4.5 billion tied to five remaining hydrogen hubs and large grants to GM and Stellantis for plant conversions.
• DOE says only the announced cancellations are final and that reviews continue, as industry groups warn of lost jobs and competitiveness and one startup, CarbonCapture Inc., reports $16 million in rescinded awards and a pilot shift to Canada.