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Carbon Removal and Emissions Storage Technologies Act of 2022

This act supports research and development of technologies that remove carbon dioxide from the air and water, and establishes a program to purchase removed carbon. The goal is to advance new methods to combat climate change and create related jobs.
Key points
Funding research into various carbon removal methods, including using plants, minerals, and engineered technologies.
A pilot program where the government will buy removed carbon dioxide to accelerate the market for these technologies.
Assessment of the potential and environmental impact of different carbon removal methods, including offshore storage.
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Additional Information
Print number: 117_S_4420
Sponsor: Sen. Collins, Susan M. [R-ME]
Process start date: 2022-06-16