Sec. 4. Report on carbon dioxide capture contracting authority
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Section 963 of the Energy Policy Act of 2005 ( 42 U.S.C. 16293 ) is amended by adding at the end the following: In this subsection, the term electric generation unit means an electric generation unit that— uses coal-based generation technology; and is capable of capturing carbon dioxide emissions from the unit. Not later than 180 days after the date of enactment of the Fossil Energy Utilization, Enhancement, and Leadership Act of 2018 , the Secretary shall prepare and submit to the appropriate committees of Congress a report that— describes the costs and benefits of entering into long-term binding contracts on behalf of the Federal Government with qualified parties to provide support for capturing carbon dioxide from electricity generated at an electric generation unit or carbon dioxide captured from an electric generation unit and sold to a purchaser for— the recovery of crude oil; or other purposes for which a commercial market exists; contains an analysis of how the Department would establish, implement, and maintain a contracting program described in subparagraph (A); and outlines options for how contracts may be structured, and regulations that would be necessary, to implement a contracting program described in subparagraph (A). .
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Sec. 4
Report on carbon dioxide capture contracting authority
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