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Code · BILL · 116th Congress · H.R. 9054 (Introduced in House) — To advance clean power technology development and use through innovation and clean energy standards, and for other pu... · Sec. 142

Sec. 142. Financial assistance for carbon dioxide sequestration infrastructure development

250 words·~1 min read·/bill/116/hr/9054/ih/section-142

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Subtitle B of title IV of the Energy Policy Act of 2005 ( 42 U.S.C. 15971 et seq.) is further amended by adding after section 419 (as added by this Act) the following new section: The Secretary shall establish a program to provide grants to support— the development of carbon dioxide pipeline infrastructure that is necessary to support the transportation of the volumes of carbon dioxide that are expected to be captured at electricity generation facilities to appropriate sites for long term sequestration, giving priority to pipeline projects of significant length and significant throughput capacity; and the development of geologic sequestration facilities that are necessary to support long-term sequestration of the volumes of carbon dioxide that are expected to be captured at electricity generation facilities.
Applications for a grant provided under this section shall be submitted at such time and in such manner as the Secretary may require. The Secretary shall consider support for the development of carbon dioxide pipeline infrastructure or the development of geologic sequestration facility under subsection
(a)to be subject to the cost share requirement for demonstration and commercial application activities under section 988(c). There are authorized to be appropriated to the Secretary to carry out this section $2,000,000,000 for each of fiscal years 2021 through 2025. . The table of contents for the Energy Policy Act of 2005 is further amended by adding after the item relating to section 419 (as added by this Act) the following: Sec. 420. Carbon dioxide sequestration infrastructure development. .
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Sec. 142
Financial assistance for carbon dioxide sequestration infrastructure development
U.S.C.§ 15971
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