INTIEAUnited States · Energy Act of 2020 (CCUS provisions)PolicyIn force

Energy Act of 2020 (CCUS provisions)

The United States Energy Act of 2020 contains multiple provisions related to carbon capture and carbon removal. The Act includes almost USD 7 billion in authorization for various carbon management and removal programs over 5 years, including reauthorization of Fossil Energy…

Last changed 4 years ago.

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Lifecycle

EffectiveJan 01, 2020
Last changeMar 10, 2022

Country / jurisdiction: United States · Year: 2020 · Status: In force · Level: National · Type: Voluntary

The United States Energy Act of 2020 contains multiple provisions related to carbon capture and carbon removal. The Act includes almost USD 7 billion in authorization for various carbon management and removal programs over 5 years, including reauthorization of Fossil Energy Research and Development Programs at U.S. Department of Energy (DOE).

More specifically, the provisions include authorization for:

- large-scale pilot projects and commercial-scale demonstrations in key sectors such as heavy industry

- Development of large scale storage projects

- Establishment of a carbon removal program including a direct air capture technology prize competition

- A carbon utilization programme

- Reforms to the U.S. Department of Energy's Loan Program to finance additional technology innovation and deployment with existing resources

Official source: http://www.congress.gov/116/bills/hr133/BILLS-116hr133enr.pdf

Source

https://www.iea.org/policies/13192

Canonical document at the regulator. Always cite this URL — not the Vantage detail page — in compliance evidence.

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