|WASHINGTON, February 12, 2021 – The American Petroleum Institute (API) today welcomed new clean energy research and development funding unveiled by the U.S. Department of Energy (DOE) under President Biden. The $100 million announced yesterday under DOE’s Advanced Research Projects Agency-Energy program aims to identify and help develop cutting-edge, innovative technologies needed to further reduce greenhouse gas emissions and tackle climate change.
|API represents all segments of America’s natural gas and oil industry, which supports more than ten million U.S. jobs and is backed by a growing grassroots movement of millions of Americans. Our 600 members produce, process and distribute the majority of the nation’s energy, and participate in API Energy Excellence, which is accelerating environmental and safety progress by fostering new technologies and transparent reporting. API was formed in 1919 as a standards-setting organization and has developed more than 700 standards to enhance operational and environmental safety, efficiency and sustainability.
To learn more about API and the value of oil and natural gas, please visit API.org.
February 12, 2021