The United States Energy Act of 2020 contains multiple provisions related to carbon capture and carbon removal. The Act includes almost USD 7 billion in authorization for various carbon management and removal programs over 5 years, including reauthorization of Fossil Energy Research and Development Programs at U.S. Department of Energy (DOE).
More specifically, the provisions include authorization for:
- large-scale pilot projects and commercial-scale demonstrations in key sectors such as heavy industry
- Development of large scale storage projects
- Establishment of a carbon removal program including a direct air capture technology prize competition
- A carbon utilization programme
- Reforms to the U.S. Department of Energy's Loan Program to finance additional technology innovation and deployment with existing resources