Funding from Inflation Reduction Act and Bipartisan Infrastructure Law will help meet our carbon emission goals, create more good-paying jobs
WASHINGTON – Today, U.S. Senators John Hickenlooper and Michael Bennet welcomed $22 million from the Department of Energy (DOE)’s Industrial Demonstrations Program to Fort Lupton-based Golden Aluminum Inc., an industry leader in sustainable approaches to aluminum production. The grant will enable upgrades to boost efficiency, to increase production of clean energy technologies, and to enhance workforce training.
“Golden Aluminum’s Colorado-grown, game-changing technology is a perfect example of how we’re putting our climate dollars to good use — helping America slash our emissions and strengthen our manufacturing sector,” said Hickenlooper.
“Colorado continues to lead the nation in developing solutions to reduce emissions and safeguard our climate. I’m glad that Golden Aluminum will be able to use this funding to upgrade their facilities to reduce fuel consumption, improve efficiency, and recycle more materials for use in clean energy technologies,” said Bennet.
Golden Aluminum Inc was one of 33 projects across more than 20 states selected by DOE from difficult-to-decarbonize industries. The selected projects will help create and maintain tens of thousands of high-quality jobs and help accelerate the commercial-scale demonstration of emerging industrial decarbonization technologies. The selected projects are expected to cut the equivalent of annual emissions from 3 million gas-powered cars, working to meet the nation’s ambitious goal of a net-zero emissions economy by 2050.
These investments are funded by the Inflation Reduction Act and Bipartisan Infrastructure Law. Hickenlooper was part of a bipartisan group of 22 senatorswho negotiated and wrote the $1.2 trillion infrastructure bill and was instrumental in passing the Inflation Reduction Act.
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