Colorado Awards $13.9 Million for Emissions Reduction
The Colorado Energy Office is funding seven projects to lower industrial greenhouse gas output across the state.
Updated on Oct. 22, 2026 in Electric Vehicles
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Should government prioritize funding industrial companies to adopt emissions-reduction technology?
The Colorado Energy Office awarded $13.9 million in grants and tax credits to support six industrial decarbonization projects and one design study. These initiatives aim to reduce greenhouse gas emissions by an amount equivalent to taking 14,507 gasoline-powered cars off the road annually.
Why it matters
Manufacturing and industrial operations serve as major sources of greenhouse gas emissions in Colorado, particularly in ozone nonattainment areas. By funding these technological upgrades, the state works toward its target of achieving net-zero emissions by 2050.
The funding supports a variety of projects, ranging from a $101,400 methane detection effort to an $8 million carbon storage equipment installation. Colorado has distributed over $73 million through similar programs since 2023.
The players
Colorado Energy Office
This state agency manages clean energy initiatives and decarbonization blueprints for the state of Colorado.
Charm Industrial Inc.
This company develops carbon removal technology and received the largest award in the current funding round.
New Belgium Brewing Co.
Based in Fort Collins, this major craft brewery received state funding to modernize its refrigeration systems.
The details
Recipients include Charm Industrial Inc., which received $8 million for carbon storage equipment in Fort Lupton, and TPSR Solar 16 LLC, which was awarded $1,055,738 for battery storage in Weld County. Projects also include refrigeration system upgrades at New Belgium Brewing Co. and advanced printing technology at Underground Manufacturing LLC.
Timeline
2023: Start of the state's cumulative industrial emissions investment period.
October 20, 2026: Applications for the Clean Air Program funding officially opened.
October 21, 2026: The Colorado Energy Office announced the grant and tax credit awards.
October 28, 2026: An informational webinar is scheduled regarding Clean Air Program funding.
November 1, 2026: The next application cycle for the industrial tax credit program opens.
Roadmap
These investments accelerate Colorado's transition away from traditional high-emission industrial manufacturing. The state aims to utilize these technological pathways to reduce industrial emissions by 60% by 2040 as outlined in its long-term decarbonization strategy.
While these grants target large-scale industrial pollution, they aim to improve regional air quality for residents living near manufacturing hubs. Drivers may also see future infrastructure benefits as state investment continues to shift toward cleaner energy storage and emissions-tracking technologies.
The takeaway
Colorado is actively leveraging public-private partnerships to scale carbon management and battery storage technologies. Residents can expect continued state investment as these projects work toward meeting long-term regional net-zero climate goals.
What happens next
The next industrial tax credit application cycle is scheduled to open on November 1, 2026.
Further reading
Learn more about local efforts to modernize infrastructure on the Colorado Electric Vehicles section page.
Live Poll
Should government prioritize funding industrial companies to adopt emissions-reduction technology?
