The Clean Air Act Spurs Innovation, and Creates Jobs. The Energy Department supports a number of grant, loan and financing programs. In addition, the U.S. intends to launch and lead, together with international partners, a major new Mission Innovation research mission on carbon dioxide removal at COP26. In 2015, the Obama-Biden Administration launched Mission Innovation, a global initiative of 23 countries and the European Union focused on research, development, and deployment of potential breakthrough technologies to accelerate clean energy innovation. Learn more about these programs and how they can help you -- whether you are a startup energy business looking to launch a pilot project, a company with proven technology that needs help reaching commercial scale, or a state, local or tribal government looking for funding resources for energy projects. Clean Air Act regulations have spurred industries to develop and adopt cutting-edge solutions to reduce pollution from power plants, factories, and cars, and, in the process, create new jobs and strengthen our economy. Figure 3b: Modern Manufacturing Initiative in context: Clean Energy (adapted from Mission Innovation) Early R&D Applied R&D Market demonstration Deployment and commercialisation Market accumulation Di˜usion MMI Collaboration Stream MMI Integration Stream MMI Translation Stream ARENA Universities and ARC CEFC Clean Energy Innovation Fund Renewable DOE led the creation of both important forums for advancing clean energy technology innovation and deployment around the world, with more than 30 countries participating today. The Energy Sector Innovation Credit is a technology-inclusive, flexible investment tax credit (ITC) or production tax credit (PTC) designed to promote innovation across a range of clean energy technologies, including generation, storage, carbon capture and hydrogen production.
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