,i #aag? ,,congress #b;d ,session ,h4 ,r4 #gdcd ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,april #g1 #bjbb,mr4 ,tonko 7= himself & ,mr4 ,pet]s7 introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,en]gy & ,comm]ce ,a ,,bill ,to require ! ,secret>y ( ,en]gy to remove c>bon dioxide directly f ambi5t air or seawat]1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,f$]al ,c>bon ,dioxide ,removal ,lead]%ip ,act ( #bjbb4 #b4 ,f$]al requirem5t to remove c>bon dioxide 7a7 ,requir$ am\nts ,! ,secret>y %all1 to ! ext5t economically feasible z provid$ 9 subsection 7d71 remove-- 7#a7 #ej1jjj net metric tons ( c>bon dioxide1 calculat$ on a lifecycle basis1 = ea* ( fiscal ye>s #bjbd ?r\gh #bjbe2 7#b7 #ejj1jjj net metric tons ( c>bon dioxide1 calculat$ on a lifecycle basis1 = ea* ( fiscal ye>s #bjbf ?r\gh #bjbh2 7#c7 #e1jjj1jjj net metric tons ( c>bon dioxide1 calculat$ on a lifecycle basis1 = ea* ( fiscal ye>s #bjbi ?r\gh #bjcd2 & 7#d7 #aj1jjj1jjj net metric tons ( c>bon dioxide1 calculat$ on a lifecycle basis1 = fiscal ye> #bjce & ea* fiscal ye> !reaft]4 7b7 ,tim+ ,! ,secret>y %all remove ea* am\nt ( c>bon dioxide requir$ "u subsection 7a7 by n lat] ?an #c ye>s aft] ! beg9n+ ( ! fiscal ye> = :i* su* removal is requir$4 7c7 ,small removal project set-,aside ,to ! ext5t practicable1 at lea/ #bj p]c5t ( ! net metric tons ( c>bon dioxide requir$ to be remov$ = ea* ( fiscal ye>s #bjbd ?r\gh #bjcd "u subsection 7a7 %all be remov$ by small removal projects4 7d7 ,economic feasibility 7#a7 ,9 g5]al ,! removal ( c>bon dioxide "u ?is section %all be consid]$ economically feasible if su* removal c be accompli%$ or1 9 ! case ( a contract1 pur*as$-- 7,a7 ) respect to su* removal c>ri$ out = any ( fiscal ye>s #bjbd ?r\gh #bjbe1 at a price p] metric ton ( c>bon dioxide ( n m ?an #eej2 7,b7 ) respect to su* removal c>ri$ out = any ( fiscal ye>s #bjbf ?r\gh #bjbh1 at a price p] metric ton ( c>bon dioxide ( n m ?an #djj2 7,c7 ) respect to su* removal c>ri$ out = any ( fiscal ye>s #bjbi ?r\gh #bjca1 at a price p] metric ton ( c>bon dioxide ( n m ?an #cjj2 7,d7 ) respect to su* removal c>ri$ out = any ( fiscal ye>s #bjcb ?r\gh #bjcd1 at a price p] metric ton ( c>bon dioxide ( n m ?an #bjj2 & 7,e7 ) respect to su* removal c>ri$ out = fiscal ye> #bjce & ea* fiscal ye> !reaft]1 at a price p] metric ton ( c>bon dioxide ( n m ?an #aej4 7#b7 ,inclusion ( monitor+1 report+1 & v]ification co/s ,9 det]m9+ :e!r ! removal ( c>bon dioxide is consid]$ economically feasible "u p>agraph 7#a71 ! price = su* removal %all include any co/s associat$ ) ! monitor+1 report+1 & v]ification requir$ "u subsection 7f77#a74 7#c7 ,multi-ye> contracts ,not)/&+ p>agraph 7#a71 ! removal ( c>bon dioxide c>ri$ out pursuant to a multi-ye> contract ent]$ into "u subsection 7h7 %all be consid]$ economically feasible if su* removal c be accompli%$ at ! applicable doll> am\nt = ! fir/ fiscal ye> ( ! contract1 z provid$ 9 p>agraph 7#a71 ?r\gh ! entire l5g? ( su* contract4 7e7 ,f$]al assi/ance ,funds receiv$ pursuant to a contract ent]$ into "u subsection 7h7 %all n be consid]$ ,f$]al assi/ance or o!rwise affect eligibility = any ,f$]al assi/ance1 includ+ tax inc5tives4 7f7 ,monitor+1 report+1 & v]ification 7#a7 ,9 g5]al ,! ,secret>y1 or an entity ! ,secret>y ent]s into a contract ) "u subsection 7h71 %all monitor1 report1 & v]ify ! net metric tons ( c>bon dioxide ! ,secret>y or su* entity1 z applicable1 remov$ = purposes ( ?is section4 7#b7 ,be/ practices ,! ,secret>y %all ensure t any project = ! removal ( c>bon dioxide = :i* a contract is ent]$ into "u subsection 7h7 %all foll[ ! be/ available practices1 z det]m9$ by ! ,secret>y1 = monitor+1 report+1 & v]ify+ ! net metric tons ( c>bon dioxide remov$ "u ! project1 includ+ be/ practices-- 7,a7 us$ by simil> c>bon dioxide removal projects2 & 7,b7 necess>y to ensure safe1 effective1 & effici5t removal ( c>bon dioxide4 7#c7 ,prohibition on d\ble c\nt+ ,c>bon dioxide t is remov$ = ! purposes ( compliance ) any o!r gre5h\se gas emissions managem5t program1 includ+ any =eign1 ,f$]al1 ,/ate1 local1 or private gre5h\se gas emissions managem5t program1 z det]m9$ by ! ,secret>y1 may n be consid]$ remov$ "u subsection 7a7 = purposes ( meet+ ! requirem5ts ( su* subsection4 7g7 ,priorities ,9 c>ry+ out ?is section1 ! ,secret>y %all give priority to any project = ! removal ( c>bon dioxide t-- 7#a7 m9imizes ! am\nt ( gre5h\se gas emissions releas$ by c>ry+ out su* project2 7#b7 supports ! comm]cialization ( innovative removal te*nologies2 7#c7 increases ! div]sity ( comm]cially available eligible te*nologies2 7#d7 provides ! greate/ pot5tial = dome/ic job creation2 7#e7 results 9 economic developm5t or economic div]sification 9 regions or localities t h hi/orically g5]at$ significant economic activity f ! production1 process+1 transportation1 or combu/ion ( fossil fuels1 includ+ ?r\gh ! use ( coal m9es1 fossil fuel-fir$ electricity g5]at+ units1 & petroleum ref9+ facilities2 7#f7 quantifies & mitigates ! effect ( remov+ c>bon dioxide on environm5tal ju/ice1 ! environm5t1 & public heal?2 & 7#g7 includes robu/ public engagem5t & community b5efits4 7h7 ,contracts 7#a7 ,9 g5]al ,! ,secret>y may ent] into contracts to meet ! requirem5ts ( subsection 7a74 7#b7 ,l5g? ,a contract ent]$ into "u ?is subsection may n be = a t]m ( m ?an #ae ye>s4 7i7 ,report ,n lat] ?an ,janu>y #a1 #bjbg1 & e #b ye>s !reaft]1 ! ,secret>y %all submit to ,congress1 & release to ! public1 a report on ! progress ( c>ry+ out ! requirem5ts ( ?is section1 :i* su* report %all include-- 7#a7 ! am\nts v]ifi$ "u subsection 7f77#a72 7#b7 ! total price1 & price p] metric ton1 to remove c>bon dioxide = ! applicable fiscal ye> z requir$ "u subsection 7a72 7#c7 ! me?ods associat$ ) ! monitor+1 report+1 & v]ification requir$ "u subsection 7f77#a72 7#d7 an e/imate ( h[ remov+ c>bon dioxide "u ?is section affects environm5tal ju/ice1 ! environm5t1 & public heal?2 & 7#e7 in=mation on pot5tial labor impacts & job creation result+ f fulfill+ ! requirem5ts ( subsection 7a74 7j7 ,au?orization ( appropriations ,!re are au?oriz$ to be appropriat$ su* sums z are necess>y to c>ry out ?is section4 7k7 ,def9itions ,9 ?is section3 7#a7 ,eligible te*nology 7,a7 ,9 g5]al ,! t]m eligible te*nology means any equipm5t1 te*nique1 or te*nology1 plac$ into s]vice aft] ,janu>y #a1 #bjbb1 t removes c>bon dioxide directly f ambi5t air or seawat]1 z det]m9$ appropriate by ! ,secret>y4 7,b7 ,exclusion ,! t]m eligible te*nology does n include any equipm5t1 te*nique1 or te*nology t-- 7i7 removes c>bon dioxide :i* is delib]ately releas$ f naturally occurr+ subsurface spr+s2 7ii7 removes c>bon dioxide us+ natural photosyn!sis2 or 7iii7 is relat$ to ! extraction1 ref9em5t1 deliv]y1 or use ( fossil fuels1 includ+ enhanc$ oil recov]y4 7,c7 ,expansion ( eligible te*nology ,not)/&+ subp>agraph 7,b77ii71 any equipm5t1 te*nique1 or te*nology t removes c>bon dioxide us+ gasification or pyrolysis ( solid1 nonhaz>d\s1 & cellulosic wa/e mat]ials may be consid]$ an eligible te*nology "u ?is section if ! ,secret>y1 by rule-- 7i7 det]m9es an entity t c>ries out a removal project "u ?is section is able to adequately monitor1 report1 & v]ify ! am\nt ( gre5h\se gas emissions1 calculat$ on a lifecycle basis 7includ+ direct emissions & significant indirect emissions71 associat$ ) su* equipm5t1 te*nique1 or te*nology2 7ii7 det]m9es an entity t c>ries out a removal project "u ?is section is able to adequately mitigate ! environm5tal impacts 7includ+ impacts on biodiv]sity1 l& use1 & air & wat] quality7 associat$ ) su* equipm5t1 te*nique1 or te*nology2 & 7iii7 requires an entity c>ry+ out a removal project "u ?is section to-- 7,i7 adequately monitor1 report1 & v]ify ! am\nt ( gre5h\se gas emissions1 calculat$ on a lifecycle basis 7includ+ direct emissions & significant indirect emissions71 associat$ ) su* equipm5t1 te*nique1 or te*nology2 & 7,,ii7 adequately mitigate ! environm5tal impacts 7includ+ impacts on biodiv]sity1 l& use1 & air & wat] quality7 associat$ ) su* equipm5t1 te*nique1 or te*nology4 7#b7 ,remove ,! t]m remove means to-- 7,a7 capture c>bon dioxide us+ eligible te*nology2 & 7,b7 p]man5tly /ore su* captur$ c>bon dioxide-- 7i7 9 a subsurface geologic =mation or 9 mat]ials1 includ+ build+ mat]ials & m9]aliz$ c>bon mat]ials2 or 7ii7 us+ o!r p]man5t /orage me?ods1 z det]m9$ by ! ,secret>y4 7#c7 ,secret>y ,! t]m ,secret>y means ! ,secret>y ( ,en]gy4 7#d7 ,small removal project ,! t]m small removal project means a project = ! removal ( c>bon dioxide t does n remove m ?an #e p]c5t ( ! net metric tons ( c>bon dioxide requir$ to be remov$ = ! applicable fiscal ye> "u subsection 7a74