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118-s-1576Committee
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CREST Act of 2023

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Summary

Official CRS summary

Carbon Removal and Emissions Storage Technologies Act of 2023 or the CREST Act of 2023 This bill expands the current research and development programs of the Department of Energy (DOE) for capturing and storing carbon dioxide to include methods that harness natural processes, such as the removal of carbon dioxide from the atmosphere and its storage in geological, biobased, or ocean reservoirs. In addition, the bill establishes a five-year pilot program under which DOE must purchase from certain facilities carbon dioxide removed from the atmosphere or upper hydrosphere.

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Bill details

Congress
118
Bill type
s
Introduced
May 11, 2023
Sponsor
Not yet available
Last action
May 11, 2023— Read twice and referred to the Committee on Energy and Natural Resources. (Sponsor introductory remarks on measure: CR S1628-1629)

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