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Coordinating Federal Research for Large-Scale Carbon Dioxide Removal Technologies

This law establishes a new interagency group and a federal initiative to coordinate research and development of technologies designed to remove carbon dioxide from the atmosphere, including direct air capture, forest restoration, and ocean-based methods. While it doesn't change immediate citizen rights or taxes, its goal is to accelerate climate technology innovation, potentially leading to future environmental benefits and economic opportunities in green sectors. The government will now coordinate funding for these critical research areas more efficiently.
Key points
Creation of the Interagency Group on Large-Scale Carbon Management to develop a strategic plan for CO2 removal research and development (R&D).
Establishment of the Carbon Removal Initiative, focusing on accelerating the demonstration and deployment of technologies that clean CO2 from the air.
Mandatory annual budget review to ensure federal funding for carbon removal R&D is coordinated and efficiently managed across multiple government agencies.
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Additional Information
Print number: 118_S_2002
Sponsor: Sen. Sinema, Kyrsten [I-AZ]
Process start date: 2023-06-14