S 3615
Federal Carbon Dioxide Removal Leadership Act of 2024
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- Passed Senate
- Passed House
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- Became Law
Bill overview
The Federal Carbon Dioxide Removal Leadership Act of 2024 directs the Secretary of Energy to remove carbon dioxide directly from the atmosphere or seawater. The bill mandates specific quantities of carbon dioxide removal each year, starting at 50,000 metric tons in 2024 and increasing to 10 million metric tons annually by 2035. It establishes criteria for ‘eligible technology,’ including lifecycle assessments and environmental impact mitigation, and prioritizes projects that benefit disadvantaged communities and support job creation. The Act also requires the establishment of monitoring, reporting, and verification standards for carbon dioxide removal activities and commissions a study on long-term carbon removal management strategies.
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