Funding Research on Marine CO2 Removal: Ecosystem Protection and Market Standards
This bill authorizes funding for federal research into marine carbon dioxide removal (mCDR) technologies, such as macroalgae cultivation and ocean alkalinity enhancement. The goal is to evaluate the efficacy and safety of these methods for the environment and communities. The legislation mandates monitoring of ecosystem impacts, data transparency, and consultation with local communities and tribes prior to activities in designated research areas.
Key points
Authorization of funds for research on marine carbon dioxide removal (mCDR) technologies.
Requirement to monitor mCDR impacts on marine ecosystems and coastal communities.
Mandatory consultation with local governments and tribes regarding research areas.
Provision of technical assistance and development of standards to support voluntary carbon markets.
Expired
Additional Information
Print number: 118_HR_10471
Sponsor: Rep. Bonamici, Suzanne [D-OR-1]
Process start date: 2024-12-18