The Biden administration is poised to award as much as $6.3 billion in dozens of grants to help hard-to-decarbonize industries cut emissions, according to people familiar with the matter.
Details on the projects that have received funding are expected to be announced as soon as Monday, said the people, who asked not to be named as the information hasn’t been made public yet. The grants will be spread across sectors such as cement, glass, chemicals, metals, and pulp and paper, they said.
The money will be aimed at industries that account for nearly a quarter of US emissions, but are ...