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.
Read twice and referred to the Committee on Energy and Natural Resources. (Sponsor introductory remarks on measure: CR S1628-1629)
Environmental Protection
Advanced technology and technological innovationsAir qualityClimate change and greenhouse gasesCongressional oversightEnvironmental assessment, monitoring, researchPublic-private cooperationResearch administration and fundingResearch and developmentTechnology transfer and commercialization
CREST Act of 2023
USA118th CongressS-1576| Senate
| Updated: 5/11/2023
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.
Advanced technology and technological innovationsAir qualityClimate change and greenhouse gasesCongressional oversightEnvironmental assessment, monitoring, researchPublic-private cooperationResearch administration and fundingResearch and developmentTechnology transfer and commercialization