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Net-Negative Carbon Dioxide Baseload Power Act
12/31/2022, 5:03 AM
Summary of Bill HR 4891
Bill 117 HR 4891, also known as the Net-Negative Carbon Dioxide Baseload Power Act, is a piece of legislation introduced in the US Congress. The main goal of this bill is to promote the development and implementation of technologies that can generate baseload power while also removing carbon dioxide from the atmosphere.
The bill focuses on incentivizing the creation of power plants that not only produce electricity but also have the capability to capture and store carbon dioxide emissions. This is seen as a crucial step in combating climate change and reducing the overall carbon footprint of the energy sector.
Additionally, the Net-Negative Carbon Dioxide Baseload Power Act aims to provide funding and support for research and development of these technologies, as well as establishing guidelines and regulations for their implementation. The bill also includes provisions for monitoring and reporting on the progress of these initiatives. Overall, the Net-Negative Carbon Dioxide Baseload Power Act is a forward-thinking piece of legislation that seeks to address the urgent need for cleaner and more sustainable energy sources. By promoting the development of carbon-negative power plants, this bill has the potential to significantly reduce greenhouse gas emissions and mitigate the impacts of climate change.
The bill focuses on incentivizing the creation of power plants that not only produce electricity but also have the capability to capture and store carbon dioxide emissions. This is seen as a crucial step in combating climate change and reducing the overall carbon footprint of the energy sector.
Additionally, the Net-Negative Carbon Dioxide Baseload Power Act aims to provide funding and support for research and development of these technologies, as well as establishing guidelines and regulations for their implementation. The bill also includes provisions for monitoring and reporting on the progress of these initiatives. Overall, the Net-Negative Carbon Dioxide Baseload Power Act is a forward-thinking piece of legislation that seeks to address the urgent need for cleaner and more sustainable energy sources. By promoting the development of carbon-negative power plants, this bill has the potential to significantly reduce greenhouse gas emissions and mitigate the impacts of climate change.
Congressional Summary of HR 4891
Net-Negative Carbon Dioxide Baseload Power Act
This bill requires the Department of Energy (DOE) to establish a net-negative carbon dioxide baseload power development and commercialization program. Under the program, DOE must (1) facilitate the redevelopment of existing coal-fueled power plant sites with certain technologies that enable them to generate power with net-negative carbon dioxide emissions, and (2) lessen the economic impact from climate change policies on communities dependent upon coal-fueled power plants.
Read the Full Bill
Current Status of Bill HR 4891
Bill HR 4891 is currently in the status of Bill Introduced since July 30, 2021. Bill HR 4891 was introduced during Congress 117 and was introduced to the House on July 30, 2021. Bill HR 4891's most recent activity was Referred to the Subcommittee on Energy. as of August 2, 2021
Bipartisan Support of Bill HR 4891
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
0Democrat Cosponsors
0Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 4891
Primary Policy Focus
EnergyAlternate Title(s) of Bill HR 4891
To require the Secretary of Energy to establish a net-negative carbon dioxide baseload power development and commercialization program, and for other purposes.
Net-Negative Carbon Dioxide Baseload Power Act
Net-Negative Carbon Dioxide Baseload Power Act
Comments
Sponsors and Cosponsors of HR 4891
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