,,ii #aagth ,,congress #b;d ,session ,s4 #dbhj ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,may #ai 7legislative day1 ,may #ag71 #bjbb,mr4 ,coons 7for himself and ,mr4 ,whitehouse7 introduced the following bill2 which was read twice and referred to the ,committee on ,energy and ,natural ,resources ,a ,,bill ,to require the ,secretary of ,energy to remove carbon dioxide directly from ambient air or seawater1 and for other purposes4 #a4 ,short title ,this ,act may be cited as the ,federal ,carbon ,dioxide ,removal ,leadership ,act of #bjbb4 #b4 ,federal requirement to remove carbon dioxide 7a7 ,definitions ,in this section3 7#a7 ,eligible technology 7,a7 ,in general ,the term eligible technology means any equipment1 technique1 or technology1 as determined appropriate by the ,secretary1 placed into service after ,january #a1 #bjbb1 that removes carbon dioxide directly from ambient air or seawater4 7,b7 ,exclusion ,the term eligible technology does not include any equipment1 technique1 or technology that-- 7i7 removes carbon dioxide that is deliberately released from naturally occurring subsurface springs2 or 7ii7 removes carbon dioxide through natural photosynthesis1 subject to subparagraph 7,c74 7,c7 ,other eligible technology 7i7 ,in general ,notwithstanding subparagraph 7,b77ii71 the term eligible technology1 with respect to a project for the removal of carbon dioxide carried out by an entity with which the ,secretary enters into a contract under subsection 7c71 includes any equipment1 technique1 or technology used in the project that removes carbon dioxide using gasification or pyrolysis of solid1 nonhazardous1 and cellulosic waste materials if the ,secretary1 by rule1 determines that the equipment1 technique1 or technology1 as applicable1 is capable of-- 7,i7 adequately monitoring1 reporting1 and verifying the amount of greenhouse gas emissions 7calculated on a lifecycle basis7 that are associated with the equipment1 technique1 or technology2 and 7,,ii7 adequately mitigating the environmental impacts 7including impacts on biodiversity1 land use1 and air and water quality7 associated with the equipment1 technique1 or technology4 7ii7 ,rule ,the ,secretary shall review any rule promulgated pursuant to clause 7i7 not less frequently than once every #f years after the date on which the rule is promulgated4 7#b7 ,lifecycle basis ,the term lifecycle basis means the net sum of all greenhouse gas emissions 7using mass values for all greenhouse gases that are adjusted to account for their relative global warming potential1 in consultation with the ,administrator of the ,environmental ,protection ,agency7 and removals associated with carbon dioxide removal activity1 including any emissions associated with-- 7,a7 energy and feedstock inputs2 7,b7 the carbon dioxide removal process2 and 7,c7 carbon dioxide storage1 including use and disposal of any materials or products associated with carbon dioxide storage4 7#c7 ,remove ,the term remove1 with respect to carbon dioxide1 means-- 7,a7 to capture carbon dioxide using an eligible technology2 and 7,b7 to permanently store that captured carbon dioxide-- 7i7 in dedicated subsurface geologic storage reported under sections #ih4ddj and #adf4ia7;e7 of title #dj1 ,code of ,federal ,regulations 7or successor regulations72 7ii7 in materials1 including building materials and mineralized carbon materials2 or 7iii7 through another permanent storage method1 as determined by the ,secretary4 7#d7 ,secretary ,the term ,secretary means the ,secretary of ,energy4 7#e7 ,small removal project ,the term small removal project means a project for the removal of carbon dioxide that removes not more than #e percent of the net metric tons of carbon dioxide required to be removed under subsection 7b77#a7 for the fiscal year in which the project begins4 7b7 ,removal requirement 7#a7 ,amounts ,the ,secretary shall1 if economically feasible as determined under paragraph 7#b71 remove-- 7,a7 #ej1jjj net metric tons of carbon dioxide1 calculated on a lifecycle basis1 for each of fiscal years #bjbd and #bjbe2 7,b7 #ejj1jjj net metric tons of carbon dioxide1 calculated on a lifecycle basis1 for each of fiscal years #bjbf through #bjbh2 7,c7 #e1jjj1jjj net metric tons of carbon dioxide1 calculated on a lifecycle basis1 for each of fiscal years #bjbi through #bjcd2 and 7,d7 #aj1jjj1jjj net metric tons of carbon dioxide1 calculated on a lifecycle basis1 for fiscal year #bjce and each fiscal year thereafter4 7#b7 ,economic feasibility 7,a7 ,in general ,the removal of carbon dioxide under paragraph 7#a7 shall be considered economically feasible if the removal can be accomplished1 or in the case of a contract under subsection 7c71 purchased-- 7i7 for each of fiscal years #bjbd and #bjbe1 at a price per metric ton of carbon dioxide of not more than #eej2 7ii7 for each of fiscal years #bjbf through #bjbh1 at a price per metric ton of carbon dioxide of not more than #djj2 7iii7 for each of fiscal years #bjbi through #bjca1 at a price per metric ton of carbon dioxide of not more than #cjj2 7iv7 for each of fiscal years #bjcb through #bjcd1 at a price per metric ton of carbon dioxide of not more than #bjj2 and 7v7 for fiscal year #bjce and each fiscal year thereafter1 at a price per metric ton of carbon dioxide of not more than #aej4 7,b7 ,inclusion of monitoring1 reporting1 and verification costs ,for purposes of subparagraph 7,a71 the price per metric ton of carbon dioxide shall include any costs associated with the monitoring1 reporting1 and verification required under subsection 7d74 7,c7 ,multiyear contracts ,the removal of carbon dioxide carried out pursuant to a multiyear contract entered into under subsection 7c7 shall be considered economically feasible if such removal can be accomplished at the applicable dollar amount for the first fiscal year of the contract1 as provided in subparagraph 7,a71 through the entire length of the contract4 7#c7 ,timing ,for each fiscal year1 the ,secretary shall remove the amount of carbon dioxide required under paragraph 7#a7 for that fiscal year not later than #c years after the beginning of that fiscal year4 7#d7 ,small removal project set-aside ,to the extent practicable1 at least #bj percent of the net metric tons of carbon dioxide required to be removed under paragraph 7#a7 for each of fiscal years #bjbd through #bjcd shall be removed through small removal projects4 7c7 ,contracts for projects ,to remove carbon dioxide 7#a7 ,in general ,to meet the requirements of subsection 7b71 the ,secretary may enter into contracts to carry out projects for the removal of carbon dioxide1 including small removal projects4 7#b7 ,duration ,a contract entered into under paragraph 7#a7 shall be for a term of not more than #ae years4 7#c7 ,priorities ,in entering into contracts under paragraph 7#a71 the ,secretary shall give priority to contracts for projects that-- 7,a7 minimize the amount of greenhouse gas emissions released by carrying out the project2 7,b7 support the commercialization of innovative removal technologies2 7,c7 increase the diversity of commercially available eligible technologies2 7,d7 provide the greatest potential for domestic job creation2 7,e7 result in economic development or economic diversification in regions or localities that have historically generated significant economic activity from the production1 processing1 transportation1 or combustion of fossil fuels1 including through the use of coal mines1 fossil fuel-fired electricity generating units1 and petroleum refining facilities2 7,f7 quantify and mitigate the effect of removing carbon dioxide on environmental justice1 the environment1 and public health2 and 7,g7 include robust public engagement and community benefits4 7d7 ,monitoring1 reporting1 and verification 7#a7 ,in general ,the ,secretary1 or an entity with which the ,secretary enters into a contract under subsection 7c71 shall monitor1 report1 and verify the net metric tons of carbon dioxide that the ,secretary or the entity1 as applicable1 removes for purposes of this section4 7#b7 ,best practices ,the ,secretary shall ensure that any project carried out under a contract entered into under subsection 7c7 shall follow the best available practices1 as determined by the ,secretary1 for monitoring1 reporting1 and verifying the net metric tons of carbon dioxide removed under the project1 including best practices that-- 7,a7 are used by similar carbon dioxide removal projects2 and 7,b7 are necessary to ensure safe1 effective1 and efficient removal of carbon dioxide4 7#c7 ,prohibition on double counting ,carbon dioxide that is removed for the purpose of complying with any other greenhouse gas emissions management program1 including any foreign1 ,federal1 ,state1 local1 or private greenhouse gas emissions management program1 as determined by the ,secretary1 may not be considered removed under subsection 7b7 for purposes of meeting the requirements of that subsection4 7e7 ,federal assistance ,funds received pursuant to a contract entered into under subsection 7c7 shall not be considered ,federal assistance or otherwise affect eligibility for any ,federal assistance1 including a tax incentive4 7f7 ,report ,not later than ,january #a1 #bjbg1 and every #b years thereafter1 the ,secretary shall submit to ,congress1 and make publicly available1 a report that describes the progress made in carrying out the requirements of this section1 including-- 7#a7 the amounts of carbon dioxide removed during the period covered by the report1 as verified pursuant to subsection 7d72 7#b7 the total price1 and price per metric ton1 of removing carbon dioxide for each applicable fiscal year during the period covered by the report2 7#c7 the methods of monitoring1 reporting1 and verification required under subsection 7d72 7#d7 an assessment1 to the extent practicable1 of how the amounts of carbon dioxide removed during the period covered by the report have affected environmental justice1 the environment1 and public health2 and 7#e7 information on any labor impact or job creation resulting from carrying out the requirements of this section during the period covered by the report4 7g7 ,authorization of appropriations ,there are authorized to be appropriated such sums as are necessary to carry out this section4