CCS Alliance

Legislative Materials

Congressional Enactments of Note:

  • 2009 Stimulus Package (ARRA)
    • $3.4 billion for clean coal, including
      • $1 billion for fossil R&D
      • $800 million for CCPI Round III
      • $1.52 billion for industrial scale CCS projects and energy efficiency projects
      • $50 million for site characterization of geologic formations
    • Advanced Energy Investment Tax Credit - 30% credit for manufacture of clean energy equipment, including CCS equipment
  • 2008 Stimulus Package
    • 10% tax credit for sequestering CO2 for EOR
    • 20% tax credit for sequestering CO2 for permanent storage (non-EOR)
  • CCS in EISA of 2007
    • Authorized $1.2 billion (2008-2012) for field testing 7 large (greater than 1 megaton/year) CCS projects
    • Authorized $1 billion for projects demonstrating a variety of CCS technologies (purification, injection, transport, compression, measurement, monitoring, etc.) from 2009-2013
    • DOI required to produce framework for CCS on public lands within 1 year
    • DOI/USGS to prepare national assessment of CO2 sequestration capacity within 1 year
    • Authorized EPA research to address public health, safety and environmental impacts of CCS in geologic reservoirs
    • Subjects all CCS activities authorized in the bill to the requirements of the Safe Drinking Water Act
  • CCS in EPACT 2005
    • $90 million over 3 years for CCS research/activities