Wednesday, April 24, 2019

Congress working on Carbon Capture Bill

Bipartisanship is rare in Congress, especially on the topic of climate change. But even Snowball Inhofe is onboard with this bill.  The USEIT (ie, use-it) Act, if it survives, will spur carbon capture technologies.

The bill starts small by awarding a total of $85 million from the Environmental Protection Agency to developers of new technologies. The legislation includes a prize component for the first company to capture 10,000 tons of carbon from the air at under $200 a ton, orders the creation of two task forces to make it easier to site infrastructure and orders pipeline permitting.

A similar process called the Golden Carrot was used decades ago to drastically improve the energy efficiency of refrigerators. The full name of the Act is Utilizing Significant Emissions with Innovative Technologies.

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