INTIEAUnited States · SCALE Act (Storing CO2 and Lowering Emissions Act)PolicyIn force

SCALE Act (Storing CO2 and Lowering Emissions Act)

In 2021, a bipartisan group in the United States introduced the SCALE Act (Storing CO2 and Lowering Emissions Act). The Act aims to support the build-out of critical CO2 transport and storage infrastructure with an aim to support CCUS and CO2 removal technologies, while…

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EffectiveJan 01, 2021
Last changeMar 11, 2022

Country / jurisdiction: United States · Year: 2021 · Status: In force · Level: National · Type: Voluntary

In 2021, a bipartisan group in the United States introduced the SCALE Act (Storing CO2 and Lowering Emissions Act). The Act aims to support the build-out of critical CO2 transport and storage infrastructure with an aim to support CCUS and CO2 removal technologies, while supporting regional economic opportunities and jobs in the country over a 5-year authorization period. The SCALE Act incudes components which aimed at:

Establishing a CO2 Infrastructure Finance and Innovation Act (CIFIA) program to help support the development of shared CO2 transport infrastructure via flexible and low-interest loans, as well as grants.

Providing grant support for commercial geologic CO2 storage projects.

Supporting CO2 utilisation opportunities through measures authorizing the Department of Energy to provide funding for municipalities and states to procure CO2-based products for infrastructure projects

Supporting legal and regulatory authorizations for permitting Class VI CO2 storage wells.

Official source: https://www.congress.gov/bill/116th-congress/house-bill/8995/text?r=73&s=1

Source

https://www.iea.org/policies/13193

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