CREST Act of 2022

Hozzl · 2024-03-13T03:40:39Z

Explore the details of Senate Bill 4420 CREST Act of 2022 currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Environmental Protection. Stay informed on legislative developments.

3/13/2024, 3:40 AM

Congressional Summary of S 4420

Carbon Removal and Emissions Storage Technologies Act of 2022 or the CREST Act of 2022

This bill expands the current research and development programs of the Department of Energy (DOE) for capturing and storing carbon dioxide to include methods that harness natural processes, such as the removal of carbon dioxide from the atmosphere and its storage in geological, biobased, or ocean reservoirs. In addition, the bill establishes a five-year pilot program under which DOE must purchase from certain facilities carbon dioxide removed from the atmosphere or upper hydrosphere.

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Current Status of Bill S 4420

Bill S 4420 is currently in the status of Bill Introduced since June 16, 2022. Bill S 4420 was introduced during Congress 117 and was introduced to the Senate on June 16, 2022. Bill S 4420's most recent activity was Committee on Energy and Natural Resources. Hearings held. as of December 1, 2022

Bipartisan Support of Bill S 4420

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill S 4420

Primary Policy Focus

Environmental Protection

Potential Impact Areas

- Advanced technology and technological innovations

- Air quality

- Climate change and greenhouse gases

- Congressional oversight

- Environmental assessment, monitoring, research

- Public-private cooperation

- Research administration and funding

- Research and development

- Technology transfer and commercialization

Alternate Title(s) of Bill S 4420

CREST Act of 2022

Carbon Removal and Emissions Storage Technologies Act of 2022

A bill to provide for advancements in carbon removal research, quantification, and commercialization, including by harnessing natural processes, and for other purposes.