CarSponsor:

  • Sen. John Barrasso (R-Wyo.)

Cosponsor:

  • Sheldon Whitehouse (D-R.I.)
  • Shelley Moore Capito (R-W.Va.)
  • Heidi Heitkamp (D-N.D.)

Introduced:

  • 3/22/18

Status:

  • Approved by Senate EPW Committee 5/22/18

WHAT IT DOES

S. 2602 would direct EPA to use its existing authority to support carbon utilization and direct air capture research; clarify that carbon capture projects and carbon dioxide pipelines are eligible for expedited permitting reviews; direct the White House Council on Environmental Quality to establish guidance to assist project developers and operators of carbon capture, utilization and storage facilities and CO2 pipelines; and establish task forces to hear input from affected stakeholders for updating and improving guidance over time.

WHY WE LIKE IT

The USE IT Act is a worthy follow up by the same bipartisan Senate coalition that helped spearheaded congressional passage of the FUTURE Act (S.1535), which extended and expanded the 45Q incentive for carbon capture projects. These projects include such pioneering efforts as NET Power, which could capture and use the carbon emitted from facilities powered by both coal and natural gas.

The 45Q incentive has the potential to dramatically boost commercial carbon capture deployment in the U.S., which can lead to significant increases in enhanced oil recovery and other economic benefits. The CO2 pipelines and other infrastructure backed by the USE IT Act could send the captured carbon to oil fields and for other purposes and is a logical next step to facilitate U.S. carbon capture technologies.

 

View the full text of S.2602

ClearPath Action Press Release