Overview

• The Department of Energy has already terminated about $7.56 billion across 223 projects, including awards for at least 10 direct air capture hubs, according to agency documents shared with lawmakers.
• A developing target list reviewed by multiple outlets shows the South Texas DAC Hub led by Occidental’s 1PointFive and Louisiana’s Project Cypress flagged for loss of DOE funding, with initial $50 million tranches already noted as terminated.
• DOE has not finalized many proposed cancellations and says individualized reviews continue, even as a broader list circulating on Capitol Hill marks more than 600 grants totaling over $20 billion as “terminate,” including the five remaining hydrogen hubs.
• OMB Director Russ Vought highlighted that last week’s cancellations concentrated on Democratic-led states, while new lists indicate potential cuts that would also hit Republican areas, including Project Cypress in House Speaker Mike Johnson’s Louisiana district.
• Startup CarbonCapture shifted its first commercial pilot from Arizona to Alberta, Canada, citing U.S. policy uncertainty, as corporate buyers like Microsoft and Amazon face questions over domestic pathways to procure carbon removal.