The Federal Carbon Dioxide Removal Leadership Act of 2024, also known as Bill 118 s 3615, is a piece of legislation introduced in the US Congress aimed at addressing the issue of carbon dioxide removal. The bill focuses on establishing a federal leadership role in promoting and supporting the development and deployment of carbon dioxide removal technologies.
The main objectives of the bill include:
1. Establishing a Carbon Dioxide Removal (CDR) Task Force within the Department of Energy to coordinate federal efforts in researching, developing, and deploying CDR technologies.
2. Providing funding for research and development of CDR technologies, including direct air capture, enhanced weathering, and bioenergy with carbon capture and storage.
3. Encouraging collaboration between federal agencies, research institutions, and private sector entities to accelerate the deployment of CDR technologies.
4. Promoting the use of CDR technologies as a means to achieve carbon neutrality and mitigate the impacts of climate change.
Overall, the Federal Carbon Dioxide Removal Leadership Act of 2024 aims to position the United States as a leader in the development and deployment of carbon dioxide removal technologies, with the goal of reducing greenhouse gas emissions and combating climate change.