Brentwood, Tenn.-based Delek Holdings said last week the U.S. Department of Energy selected Delek’s refinery in Big Spring for a carbon capture pilot project.  DOE will provide up to $95 million of federal funds to support development of the project, which aims to capture 145,000 metric tons of carbon dioxide per year and reduce other pollutants.

Reuters said dozens of U.S. carbon capture projects have been proposed to take advantage of federal tax credits provided by the Inflation Reduction Act.

Delek previously invested in two carbon capture start-ups and also acquired 3Bear, which has a sequestration well permit in the U.S.

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